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Cement Production.
Overview
The company was formed as a Saudi joint stock company in 2006, with a capital of SAR 1.2 billion in Turaif. The company started operations in H2 2008. It produces ordinary portland cement (OPC), portland cement sulfate resistant (SRC), white portland cement and oil well cement. The company operates cement plants in Saudi Arabia, as well as in Jordan through its subsidiary, Northern Cement Company - Jordan.
Basic Information
City: | Riyadh |
Country | Saudi Arabia |
Ownership Type: | Joint Stock |
Establishment Date: | 2006 |
Commercial Register: | 3451002618 |
Website: | www.nrc.com.sa |
ShareHolders@nrc.com.sa | |
Phone | +966 11 2255237 |
Fax | +966 11 2012384 |
Address | Ground Floor - Building S2 - Airport Road - Riyadh Front - Riyadh 11565 |
PO Box | 61011 |
Argaam Classification
Industry Peers
Tabuk Cement Co. |
Hail Cement Co. |
Al Jouf Cement Company |
Financials Highlights (M )
Trading Data
Stock Market : | TASI |
Fiscal Year End : | December |
Free Float (M) : | 179.21 |
Free Float % : | 99.56 |
Weight in Index % : | 0.07 |
3M Average Volume : | 366,329 |
3M Average Transactions : | 686 |
Change(12M) % : | (10.16) |
Major Shareholders
Name | Number of Shares (M) | Holding |
---|---|---|
Pan Kingdom Investment Company | 17.64 | 9.80 % |
Subsidiaries & Associates
Company | Country | Percentage |
---|---|---|
Um-Qasr Northern Cement | UAE | 100.00 % |
Al Hazm for cement trade | UAE | 100.00 % |
Through The North for The Cement and Building Materials | UAE | 100.00 % |
Northern Gulf | UAE | 100.00 % |
Sama Al Yamamah | UAE | 100.00 % |
Deyaar Nagd for contracting & Trading | UAE | 100.00 % |
Milestones
12-2012
Started second clinker line with capacity of 960k tpa.
29-10-2011
Raised capital to SAR 1260 mln from SAR 1200 mln.
10-2011
Raised capital to SAR 1800 mln from SAR 1260 mln.
01-12-2008
Commenced commercial production with clinker capacity of 1.92 mln tpa.
02-05-2007
Established "Northern Cement Company-Jordan" as a limited liability Co. that is wholly owned by Northern Region Cement Company.
2006
Established as a joint stock company in Saudi Arabia with capital of SAR 1200 mln.
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