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Yanbu Cement resumes production after 2 months

31 December 2011: Saudi Yanbu Cement has restarted three of four production lines almost two months after a fuel shortage forced the firm to halt operations. In October, Yanbu Cement had stopped the production because of shortage of additional fuel needed to commission the plant's fifth new production line.

Halting the old production lines resulted in a loss of around $3.78 million (approx Rs.20 crore) to the company. Shortage in subsidised fuel is threatening growth among Saudi cement firms amid rising demand in the top oil-exporter's construction sector.

Source: Trade Arabia