Yanbu Cement Co. won the “Best Cement Plant of the Year 2019” award at the Cemtech Europe conference held in Berlin earlier this month, the company said in a bourse statement.
Yanbu Cement was selected among global peers for "Recognizing Excellence and Promoting Best Practice" in key areas including sustainability and energy efficiency, environment and safety excellence, as well as the increase in production capacity by 15 percent with minor capital investment and carbon dioxide emission reductions, the statement added.
Chief executive officer Ahmed Zugail attributed the achievement to the company's strategy for the last three years, stressing that Yanbu is in constant pursuit of excellence and implementation of best practices in accordance with international standards.
The award is also credited to the Saudi government’s support of the local cement sector and the great efforts of the company’s team, he added.
“The company realized these achievements under a strict policy of cost reduction and effective Saudization in its industrial sector,” Zugail concluded.