JEDDAH, 2 May 2006 — Eastern Province Gov. Prince Muhammad ibn Fahd yesterday launched the third clinker production line at Eastern Cement Company, increasing the company’s annual capacity to 3.3 million tons of clinker. The governor also opened the company’s tower building on King Fahd Road.
Prince Turki ibn Muhammad, chairman of Eastern Cement, thanked the governor for inaugurating the company’s new projects. “Our modernization programs have helped in cutting production cost and increasing output,” the chairman said.
Zamil ibn Abdullah Al-Muqrin, director general of the company, said the company had posted a profit of SR299 million in 2005. “This profit encouraged the board of directors to increase the company’s capital to enter into new investment projects,” he said.
