Yanbu Cement Co. received a notice on Jan. 1 from Saudi Arabian Oil Co. (Saudi Aramco) regarding an adjustment to fuel prices used in the company’s operations, effective Jan. 1, 2026.
In a statement to Tadawul, the company said the adjustment will have a financial impact on operating costs starting from Q1 2026.
It added that it is currently assessing the expected financial impact and will disclose the details once the assessment is completed.
The company also noted that it joined the Industrial Sector Competitiveness Program in 2024, which may help offset the fuel price adjustment and enhance energy consumption efficiency.
Yanbu Cement reaffirmed its commitment to implementing best practices and procedures to improve operational efficiency and pursue responsible and sustainable growth.
It also emphasized its focus on leveraging Saudi Arabia’s competitive infrastructure to achieve its strategic objectives and safeguard shareholders’ rights.
Yanbu Cement Co. received a notice on Jan. 1 from Saudi Arabian Oil Co. (Saudi Aramco) regarding an adjustment to fuel prices used in the company’s operations, effective Jan. 1, 2026.
In a statement to Tadawul, the company said the adjustment will have a financial impact on operating costs starting from Q1 2026.
It added that it is currently assessing the expected financial impact and will disclose the details once the assessment is completed.
The company also noted that it joined the Industrial Sector Competitiveness Program in 2024, which may help offset the fuel price adjustment and enhance energy consumption efficiency.
Yanbu Cement reaffirmed its commitment to implementing best practices and procedures to improve operational efficiency and pursue responsible and sustainable growth.
It also emphasized its focus on leveraging Saudi Arabia’s competitive infrastructure to achieve its strategic objectives and safeguard shareholders’ rights.
