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FINANCIAL NEWS
Saudi cement production falls 17 percent in November
11 Dec 2013
(MENAFN) Saudi cement companies’ production fell by 17 percent last month reaching 3.65 million tons, down from 4.37 million tons in the same month last year, according to Arab News.
Experts said that the fall in sales resulted from the correction campaigns carried out against irregular foreign workers.
Only three companies among all cement companies in the Kingdom did not see a fall in sales, namely Northern Province Cement Company (NPCC), Arabian Cement Company (ACC) and Madinah Cement Company (MCC).
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