Riyadh – Mubasher: Yamama Cement Company decided to relocate and install its seventh production line from the old plant in South of Riyadh to Northern Halal in Al Kharj, according to a bourse disclosure on Tuesday.

The current production capacity of the line is 10,000 tonnes of clinker per day, while the new site will boost the output to 30,000 tonnes by the end of 2024.

The cost of transferring the line will be funded from the company's resources.

Yamama Cement will later announce the financial impact or any other developments in this regard.

The company has recently named the Chairman and Deputy Chairman of the board for a three-year term.

Source: Mubasher

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