Yamama Cement signs SAR280mn agreement for fuel connection to new plant
Yamama Cement Company (3020.SE) has signed an agreement with the contractor, Gas Arabian, for the fuel connection for Yamama’s new plant, at an investment cost of c.SAR280mn. The company expects the project to finalise in March 2019. (Tadawul) Yamama Cement: SAR17.92 as of 12 October 2016, Rating: Buy, FV: SAR40.60 per share, MCap: USD968mn, YACCO AB / 3020.SE
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