‎Fuel adjustment raises costs by 4%: Yanbu Cement

‎Fuel adjustment raises costs by 4%: Yanbu Cement ‎Fuel adjustment raises costs by 4%: Yanbu Cement

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Logo of Yanbu Cement Co.

Yanbu Cement Co. said the direct financial impact of the fuel price adjustment resulted in an increase in production costs of approximately 4%.

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The company said that this impact was reflected in its financial results for Q1 2026.

In a statement to Tadawul, the company affirmed its commitment to continuing the implementation of best practices and procedures to enhance business efficiency and develop its operations in a responsible and sustainable manner, while reducing costs and improving production and operational efficiency.

Yanbu Cement also noted that it joined the Industrial Sector Competitiveness Program (ICP), which contributed to reducing the financial impact and improving energy consumption efficiency.

The company had previously received a notice from Saudi Aramco in January regarding the adjustment of fuel product prices used in production, effective Jan. 1, according to Argaam’s data.

 

Logo of Yanbu Cement Co.

Yanbu Cement Co. said the direct financial impact of the fuel price adjustment resulted in an increase in production costs of approximately 4%.

The company said that this impact was reflected in its financial results for Q1 2026.

In a statement to Tadawul, the company affirmed its commitment to continuing the implementation of best practices and procedures to enhance business efficiency and develop its operations in a responsible and sustainable manner, while reducing costs and improving production and operational efficiency.

Yanbu Cement also noted that it joined the Industrial Sector Competitiveness Program (ICP), which contributed to reducing the financial impact and improving energy consumption efficiency.

The company had previously received a notice from Saudi Aramco in January regarding the adjustment of fuel product prices used in production, effective Jan. 1, according to Argaam’s data.

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