Tuesday, May 22, 2012
(This story was originally published Monday.)
RIYADH (Zawya Dow Jones)--Saudi Arabia's Tabuk Cement Co. (3090.SA) said Monday its board of directors has approved a plan to build a new production line to meet growing demand in the kingdom.
The new line will have a production capacity of 5,000 metric tons a day of cement and will be accompanied power station, it said in a statement posted on the Saudi bourse website.
Tabuk Cement shares finished trading up 0.41% Monday at SAR24.45.
-By Summer Said, Dow Jones Newswires; +966-546-842373; summer.said@dowjones.com
(END) Dow Jones Newswires
22-05-12 0353GMT
