| Introduction | With reference to the company’s announcement published on the Tadawul website on 19-08-1445 corresponding to 29-02-2024 regarding the announcement of the signing of a contract on 29-02-2024 with the Chinese company Sinoma CDI for the design, supply, construction and operation of a cement production line with a capacity of 10,000 tons of clinker per day at the company’s existing plant in the Khursaniyah area, in accordance with the latest technology in the field of cement manufacturing, and that the contract period is 26 months, the company announces the completion of the production line implementation works and is currently conducting trial production operations, which are expected to continue until the completion of testing of all plant equipment and confirmation of its efficiency. |
| Previous Announcement | Eastern Province Cement Company announces the signing of a contract with Sinoma CDI, China for the project of establishing a new production line in the company’s plant with a production capacity of 10,000 tons/day |
| Date of Previous Announcement on Saudi Exchange’s Website | 2024-02-29 Corresponding to 1445-08-19 |
| Hyperlink to the Previous Announcement on the Saudi Exchange Website | Click Here |
| Latest Developments Of The Announced Event | The production line implementation works have been completed and trial production operations are currently underway, which are expected to continue until all factory equipment has been tested and its efficiency confirmed. |
| Reasons For The Delay on The Date of The Event Previously Announced | N/A |
| The costs associated with the event, and if they have changed or not with indication of the reasons. | N/A |
| Delay consequences on the Company’s financial results | N/A |
| Additional Information | Any developments concerning this project will be announced in due course. |