- Business
- Arabian Cement Company Arabian Cement Company (3010.SR), established in 1955 and headquartered in Jeddah, Saudi Arabia, engages in the production, trading, and sale of cement and related construction materials primarily in Saudi Arabia and Jordan. The company operates a cement plant in Rabigh with subsidiaries including 100%-owned Arabian Cement (Bahrain) as a holding company; an 86.74% stake in Qatrana Cement Company in Jordan for cement production with 5,000 tons daily clinker capacity; a 36.67% interest in Kingdom Concrete in Jordan for ready-mix concrete; and a 33.33% share in Cement Products Industry Co. in Jeddah for cement bag manufacturing. Its core products encompass ordinary Portland cement, sulfate-resistant cement, clinker (OPC and SRC varieties), and derivatives such as concrete products; the company maintains production capacity expansions, including ongoing work on its fifth production line as noted in its 2024 annual report. Recent developments include a January 2024 agreement with National Electricity Transmission Co., new board leadership with Mutaz Kusai Hassan Al Azzawi as Chairman and Saud Abdulaziz Abdullah Al Sulaiman as Vice Chairman for a four-year term, and a 20.48% year-on-year net profit increase to SAR 128.80 million in the first nine months of 2024. Arabian Cement Company adheres to international standards including ISO 9001 and ISO 14001, focusing on health, safety, environmental sustainability, and Vision 2030-aligned operations in the non-energy minerals sector.