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The oldest cement producer in Saudi Arabia. Its sales covers the Western region.
Overview
The company was formed as a Saudi joint stock company in 1955, with a capital of SAR 25 million in Jeddah. The company produces and markets cement, building materials, clinker, related products, and derivatives inside and outside Saudi Arabia. It is also engaged in quarrying, and the establishment of plants and warehouses required for manufacturing, storage, sale, purchase, importing, exporting, and carrying out other complementary and supporting industries.
Basic Information
City: | Jeddah |
Country | Saudi Arabia |
Ownership Type: | Joint Stock |
Establishment Date: | 1955 |
Commercial Register: | 4030000148 |
Website: | www.arabiancement.com.sa |
sabdu@arabiancement.com.sa | |
Phone | +966 12 694 9700 |
Fax | +966 12 694 9703 |
Address | Arabian Cement Company Building - King Abdulaziz Road - Jeddah 21411 |
PO Box | 275 |
Financials Highlights (M )
Company Size
Trading Data
Stock Market : | TASI |
Fiscal Year End : | December |
Free Float (M) : | 99.07 |
Free Float % : | 99.07 |
Weight in Index % : | 0.13 |
3M Average Volume : | 107,599 |
3M Average Transactions : | 463 |
Change(12M) % : | (12.77) |
Subsidiaries & Associates
Company | Country | Percentage |
---|---|---|
Arabian Cement Bahrain | Bahrain | 100.00 % |
Ready Mix Concrete & Construction Supplies | Jordan | 36.67 % |
CPI | Saudi Arabia | 33.33 % |
Milestones
01-04-2011
Started commercial production of "Qatrana Cement Factory - Jordan" with a production capacity of 1.5 mn tons annually
04-2009
Started the sixth production line of Rabigh factory with clinker production capacity of 2.24 mn tpa
1989
Raised Capital to SAR 600 mn from SAR 150 mn
1984
Established Rabigh factory with clinker production capacity of 1.28 mn tpa
1974
Raised production capacity to 0.64 mn tpa
1974
Raised Capital to SAR 150 mn from SAR 50 mn
1968
Raised Capital to SAR 50 mn from SAR 25 mn
1968
Raised production capacity to 0.32 mn tpa
1956
Started to operate with clinker production capacity of 96k tpa & 32k tpa of limestone
05-01-1955
Arabian Cement Co. is the first cement company in Saudi Arabia and was formed as a Saudi joint stock company in 1955, with a capital of SAR 25 million.
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