Government sets four conditions for allowing producers to export cement
The Saudi government has set four conditions for cement producers for gaining export licences, according to Assistant Undersecretary for Consumer Affairs at the Ministry of Commerce and Industry. The conditions needed for cement producers to export include: i) being a licenced producer; ii) the cement supply in the market to be sufficient to cover local demand, which is to be decided by the Ministry of Commerce and Industry; iii) having a minimum strategic inventory of clinker at 10% of annual production; in addition, the previously-imported clinker amount that enjoyed government subsidy cannot be used for exports, unless it had been imported for over a year. Also, the government will collect the increment between local and global energy prices, where the Ministry of Commerce and Industry will have the final say on the allowance of exporting cement. (Al Yaum)
This website uses cookies to make the site work, to understand if the site is working well, how it is being used, to connect to social media sites (such as Facebook and Twitter) and to collect information useful to allow us and our partners to provide you with more relevant ads . Some cookies are essential to make the site work, but you can control how we use non-essential cookies at any time by clicking the “ON/OFF” button next to each category. For more information about the cookies used on this site, see Privacy Policy.
Decide which cookies you want to allow.
Strictly Necessary
These cookies are essential in order to enable you to move around our website and use its features, such as accessing secure areas of our website. Without these cookies, any services on our Site you wish to access cannot be provided.
Analytical/performance cookies
Visitors use our website, for instance which pages you go to most often, and if you get error messages from web pages.