Logo of Najran Cement Co.
Najran Cement Co. signed an agreement with the Industrial Competitiveness Program, which includes providing support for several solutions that help boost the capacity and type of sources of used energy. 
The Program is intended to enhance operational efficiency, reduce production costs and improve the sustainability of industrial operations, it said in a statement to Tadawul.
The company further stated that the supported initiatives are expected to mitigate the impact of the increase in fuel prices on its production costs. As a result, the estimated increase in production costs is expected to decline from 11% to 8%.
It confirmed that it continues to implement its operational improvement and cost optimization initiatives to partially contain the impact of higher fuel costs in line with the objectives of the program.
The related financial impact is expected to be reflected in the company’s financial results for Q2 2026.
According to Argaam’s data, Najran Cement received, last January, Saudi Aramco’s notice regarding adjustments to the prices of fuel products used in its operational activities, effective as of Jan. 1.
The company joined the Industrial Competitiveness Program starting from 2024.
Logo of Najran Cement Co.
Najran Cement Co. signed an agreement with the Industrial Competitiveness Program, which includes providing support for several solutions that help boost the capacity and type of sources of used energy.
The Program is intended to enhance operational efficiency, reduce production costs and improve the sustainability of industrial operations, it said in a statement to Tadawul.
The company further stated that the supported initiatives are expected to mitigate the impact of the increase in fuel prices on its production costs. As a result, the estimated increase in production costs is expected to decline from 11% to 8%.
It confirmed that it continues to implement its operational improvement and cost optimization initiatives to partially contain the impact of higher fuel costs in line with the objectives of the program.
The related financial impact is expected to be reflected in the company’s financial results for Q2 2026.
According to Argaam’s data, Najran Cement received, last January, Saudi Aramco’s notice regarding adjustments to the prices of fuel products used in its operational activities, effective as of Jan. 1.
The company joined the Industrial Competitiveness Program starting from 2024.
