Meyar says Riyadh factory to launch ops in Q2 2025

03/04/2025 Argaam
Logo ofMeyar Co.

Logo of Meyar Co.

Meyar Co. said its cement and ready-mix concrete production factory in Riyadh will commence operations in the second quarter of 2025.

 

For more news and details on the projects

 

In a statement to Tadawul, Meyar added that all licenses required for the factory were obtained, in addition to equipment testing completed and efficiency successfully verified.

 

The relevant financial and operational impact is expected to appear this year.

 

In September 2023, Meyar concluded an agreement to purchase a cement and ready-mix concrete production factory worth SAR 3.3 million in the north of Riyadh, Argaam reported.

 

Trial operations were launched on September 9, 2024.

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.