Riyadh Cement Co. Announces An Update On Riyadh Cement Co. Announces Contract Sign Off With Sinoma Energy Conservation Ltd

Previous Announcement: Riyadh Cement Co. Announces Contract Sign Off with Sinoma Energy Conservation Ltd

Date of Previous Announcement on Saudi Exchange’s Website: 2023-11-28 Corresponding to 1445-05-14

Hyperlink to the Previous Announcement on the Saudi Exchange Website: Click Here

Latest Developments Of The Announced Event: Riyadh Cement Company announces the commencement of the trial operation of the Waste Heat Recovery (WHR) project for electricity generation. The project is expected to be fully integrated into the system in the second half of this year. Once operational, it will reduce energy costs and lower the environmental impact of emissions.

The costs associated with the event, and if they have changed or not with indication of the reasons.: It will be announced upon completion of the project in due course.

Additional Information: The project was self-financed