Southern Province Cement posted a SAR566m (US$150.9m) net profit for the first half of 2013, up from SAR546m a year ago. The company attributed the increase to higher sales driven by a rise in local demand.
The company operates 6.2Mta of cement capacity in the kingdom from three cement plants. Line 2 at its plant in Tahama was put into operation last year with a capacity of 10,000tpd and a third line is being built at the plant which will expand capacity by a further 5000tpd. When completed in 2016, the company will have a cement capacity of 7.68Mta.

US tariffs will hit Greek and Canadian cement producers hardest
Canadian and Greek cement producers will be hit hardest by US tariffs. Adding to the already ann...