Ban Lifting On Cement Export, Saudi Companies Urged
Jeddah, July 24: The Saudi companies demanded the government to lift ban on cement export, as they have 10 million additional stock of cement with them.
The cement manufacturing companies said this ban has caused to dwindle their income to a great extent.
Saudi Cement Company, the country’s second-largest producer, said its second-quarter net profit declined 2.3 per cent as a government export ban hit sales.