Signal · Supplier & Corporate Risk
Southern Cement partially hands over new Jazan production line
What the source reported
Source-reported<p ><img src="https://argaamplus.s3.amazonaws.com/261d5b3a-5192-4d9b-9e5e-0a52a6fb294b.png" ></p> <p class="ckeCaption" >Southern Cement said the entire project will commence commercial operations before 2026-end</p> <hr> <p ><a href="http://www.argaam.com/en/tadawul/tasi/spcc" target="_blank">Southern Province Cement Co.</a> said it had partially accepted and taken over its new production line at the Jazan Cement Plant, which will replace the existing production lines.</p> <p ></p> <p >In a statement on <strong>Tadawul</strong>, the company said the partial handover was part of the project completion process and followed the approved implementation plan.</p> <p ></p> <p >The remaining project components will be handed over, and the entire project will start commercial operations according to schedule, with completion expected before the end of 2026, the company said.</p> <p ></p> <p >According to <span ><strong>Argaam </strong></span>data, Southern Cement received technical and financial bids in December 2022 for a project to build a production line at its Jazan Cement Plant with a capacity of 10,000 tons per day, replacing the existing production lines.</p> <p ></p> <p >On May 17, 2023, the company signed a contract worth about SAR 1.24 billion ($330 million) with Sinoma International Engineering Co. Ltd. to build a production line with a capacity of 5,000 tons per day and infrastructure for another line with the same capacity.</p> <p ></p> <p >The contract has a 30-month term, the company said.</p>
- Publication
- Argaam - Company Disclosures · Stock Exchange/Regulatory Announcements
- Published
- 21st September 2026
- Original report
- argaam.com
ProcIntel stores what the source published in its feed — a headline, a summary and a link. It does not store or reproduce the full article.
What ProcIntel recorded
ProcIntel-derived- Category
- Supplier & Corporate Risk
- Geography
- Saudi Arabia, UAE
- Organisations
- None identified
- Collected
- 21st September 2026 · 14:59
Initial assessment ProcIntel's automatic, provisional read of this individual Signal -- Initial Significance and Initial Confidence, computed deterministically before any Event extraction or human review.
A provisional, automatically computed reading of this individual Signal, before Event extraction or human review. Not a final rating.
Initial Significance Moderate (31.0/100). Strongest contributor: Procurement Impact (21.0/30 points). Limiting factor: Geographic Breadth (0.0/10 points). Initial Confidence Low (24.5/100, data sufficiency: Partial). Strongest contributor: Source Authority (12.0/40 points). Limiting factor: Corroboration (2.5/25 points).
- Strongest contributor
- Procurement Impact
- Limiting factor
- Geographic Breadth