Qassim Cement Company announces the signing of a contract with Sinoma International Engineering Company for the project of Liquid Displacement Program (LDP) & Gas conversion.
| Element List | Explanation |
|---|---|
| Introduction | Qassim Cement Company pleased to announce the signing of a contract with Sinoma International Engineering Company for the project of Liquid Displacement Program (LDP) & Gas conversion. |
| Date of Announcement of the Award | 2025-08-14 Corresponding to 1447-02-20 |
| Contract Subject Matter | LDP & Gas conversion |
| The Entity with Which the Contract was Signed | Sinoma International Engineering Company |
| Date of Signing the Contract | 2025-08-14 Corresponding to 1447-02-20 |
| Contract Value | 12 million USD |
| Contract Details | The contract with Sinoma International Engineering Company was signed - Within the framework of the Liquid Fuel Displacement Program- based on EPC contract which includes the displacement of liquid fuel and conversion to natural gas for the existing production lines at the company's plant in Buraydah city in accordance with the latest technologies in this field. |
| Contract Duration | 15 Months |
| Financial Impact and the Relevant Period | It is expected that this project will enhance fuel efficiency, which will positively impact production costs, starting from the commencement of operation. |
| Related Parties | None |
| Additional Information |
On this occasion, Eng. Omar Al-Omar, CEO of Qassim Cement Company, emphasized that the project aims to replace crude oil with natural gas in the operation of the current production lines’ Kilns, which contributes to achieving the goals of KSA’s 2030 Vision, in terms of raising the efficiency of fuel exploitation and environmental sustainability.
Eng. Al-Omar extended his sincere gratitude for the unwavering support received from the Ministry of Energy, the Ministry of Industry and Mineral Resources, and all governmental entities that facilitate and empower the industrial sector across the Kingdom. |
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Qassim Cement Company is a Saudi Joint Stock company, established in accordance with the Royal Decree No. M/62 on 15 Shaban, 1396H. (August 11, 1976) and registered in Buraydah City under commercial registration number 1131001224 on 28 Shaban, 1398 (August 2, 1978). On 4 of Dhu al-Hijjah 1445 AH (June 10, 2024), Qassim Cement Company announced the completion of the acquisition of Hail Cement Company (HCC) by increasing its capital through the issuance of new shares to Hail Cement Company shareholders.
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Qassim Cement Co.| Building No: 4266 | Unit Number: 1 | Buraidah: 52271 - 6735 | Kingdom of Saudi Arabia
Phone : (+966) 16 316-5555
Fax : (+966) 16 381-6041
Email : qcc@qcc.com.sa
