Yamama Cement secures US$266m financing for new plant in Saudi Arabia

Yamama Cement Company secured SAR1bn (US$266.6m) in financing from National Commercial Bank and Samba Financial Group to partially fund a new cement plant 100 km outside Riyadh, with a capacity of 20,000 tpd clinker.

“The three-year financing includes SAR750m from National Commercial Bank and SAR250m from Samba Financial Group, the company said in its statement.”cemnet.com

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• cemnet.comSaudi Arabia: Yamama Cement secures US$266m for new plantJan 3, 2017

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