Logo of Al Jouf Cement Co.
Al Jouf Cement Co. signed a contract worth SAR 27.8 million with ALTEC LIMITED, for the design, supply, and installation of electrical interconnection works. 
In a statement to Tadawul today, May 21, Al Jouf Cement explained that the six-month contract entails the design, supply, and installation of electrical interconnection works for ALTEC’s plant in Turaif under the Liquid Fuel Displacement Program, on a turnkey basis.
The project is expected to contribute to enhancing energy consumption efficiency and reducing emissions associated with electricity generation within the company’s facilities. It will also improve the reliability and efficiency of operational processes, thereby supporting the stability and sustainability of production operations.
The financial and operational impact of the project is expected to materialize following the completion of the implementation phase and the commencement of commercial operations during the first quarter of 2027, according to the statement.
There were no related parties involved in the deal, it noted.
Logo of Al Jouf Cement Co.
Al Jouf Cement Co. signed a contract worth SAR 27.8 million with ALTEC LIMITED, for the design, supply, and installation of electrical interconnection works.
In a statement to Tadawul today, May 21, Al Jouf Cement explained that the six-month contract entails the design, supply, and installation of electrical interconnection works for ALTEC’s plant in Turaif under the Liquid Fuel Displacement Program, on a turnkey basis.
The project is expected to contribute to enhancing energy consumption efficiency and reducing emissions associated with electricity generation within the company’s facilities. It will also improve the reliability and efficiency of operational processes, thereby supporting the stability and sustainability of production operations.
The financial and operational impact of the project is expected to materialize following the completion of the implementation phase and the commencement of commercial operations during the first quarter of 2027, according to the statement.
There were no related parties involved in the deal, it noted.
