Al Madina Cement announces delay to earlier expected date of completion of trial phase for cement mill capacity addition
Al Madina Cement Company (3003.SE) announced that there will be a delay to the earlier announced date of completion of the trial phase for the company’s cement mill capacity addition of 265 tonne/hour, which the company currently expects to take three more months. The company had earlier commenced trial operations in March 2016 and expected it than it to take around three months to complete. Al Madina expects no material impact on the projects total costs due to the delay. (Tadawul)
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