Najran Cement says informed of fuel price hikes by Saudi Aramco

Najran Cement Co. expects the financial impact of fuel price hikes to appear from Q1 2026

Najran Cement Co. received Saudi Aramco’s notice regarding adjustments to the prices of fuel products used in its operational activities, effective as of Jan. 1.

In a statement to Tadawul today, Jan. 5, the company said this change will be reflected in its Q1 2026 financial results.

The company is currently calculating the expected financial impact and will announce it upon completion of the review, the statement added.

The Saudi-listed cement producer noted that its participation in the Industrial Sector Competitiveness Program since 2024 should help it mitigate the financial impact and prompt energy efficiency.

The company emphasized that it continues to implement its strategic plans to reduce costs and enhance production and operational efficiency. These measures are expected to minimize the financial impact of Aramco’s fuel price adjustments.