# 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.

- Type: New facility
- Announced: 2017-01-03
- Where: 100 km outside Riyadh, Saudi Arabia
- Value: $266.6M
- Status: announced
- Capacity: 20,000 tpd clinker
- Products: clinker, cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Yamama Cement Company](https://endata.com/companies/21175.md)
- [thyssenkrupp Industrial Solutions](https://endata.com/companies/2305.md) (partner)
- [National Commercial Bank](https://endata.com/companies/21176.md) (investor)
- [Samba Financial Group](https://endata.com/companies/21177.md) (investor)

## Sources

- [cemnet.com](https://www.cemnet.com/News/story/160779/saudi-arabia-yamama-cement-secures-us-266m-for-new-plant.html), 2017-01-03: "The three-year financing includes SAR750m from National Commercial Bank and SAR250m from Samba Financial Group, the company said in its statement."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.