Saudi Cement Co.

Saudi Cement Company (Al Safwa Cement) is one of the oldest and largest cement producers in Saudi Arabia, headquartered in Dammam. The company manufactures and sells various types of cement, including ordinary Portland cement, sulfate-resistant cement, and oil-well cement. It operates two production plants with a total installed capacity of approximately 11.5 million tons per year. The company also owns a 50% stake in a concrete waste recycling joint venture.

Revenue is generated primarily from the sale of cement to customers in the Eastern Province and other regions of Saudi Arabia. The company distributes its products through a network of dealers and direct sales to large construction firms. Key cost inputs include energy (electricity and fuel), raw materials (limestone, clay, gypsum), and transportation. The company has a moderate debt level of 170 million SAR and a strong cash position of 73.83 million SAR.

The company operates in the basic materials sector, specifically the building materials industry. It competes with other major Saudi cement producers such as Southern Province Cement, Yanbu Cement, and Qassim Cement. Saudi Cement is well-positioned due to its large production capacity, long operating history, and strategic location near the Eastern Province's construction markets. The company benefits from government infrastructure spending and private sector construction activity.

Its primary customers are construction companies, concrete batching plants, and building material traders. The main geographic market is Saudi Arabia, with a focus on the Eastern Province, but the company also exports to neighboring Gulf countries. The company's products are used in residential, commercial, and infrastructure projects. The recent decline in revenue and earnings reflects softer demand in the domestic construction sector.

An auto-generated descriptive profile based on company data, for informational purposes only.