Saudi Arabia:Demand for cement in Saudi market increases by 8 per cent in 2015

Byszheng

Updated Fri, 23 Oct 2015 10:07:22 GMT

An official in the Saudi cement sector reveals that demand for cement grew during the first nine months of this year by roughly eight per cent, Asharq Al-Awsat Newspaper reports.

Mohammad Al Qarni, CEO of the Saudi Cement Company, states: “There are false rumours about the decline in the number of projects. There are some stumbling, but [it] is influential on the volume of demand.”

He adds: ‘There [are] large growth rates in the Western region compared to other regions in Saudi Arabia.

“Demand for cement is still intact, as the Western Region in the current period represents the highest rates of demand, while the Central Region recorded in the period from 2010 to 2012 the highest demand rates,” Al-Qarni reveals.

He points out that growth was great and unusual during the last period, with 12 per cent growth, and there are expectations that demand will continue in the coming years until 2018 and will not be less than five per cent, which is considered a positive point for the sector.

Al Qarni concludes that there is no shortage in demand, as Saudi factories’ production of cement reaches 60 million tonnes per year.