SAUDI ARABIA: Saudi Arabia’s December cement output rises 16%; Exports climb

Saudi Arabia’s cement production rose an annual 16 percent in December and exports increased from the Arab world’s biggest economy.

December production was 3.83 million tons compared with 3.31 million a year earlier, according to industry data posted today on Yamamah Saudi Cement Co.’s website. Exports rose 8 percent to 139,000 tons from 129,000 a year earlier.

Saudi Arabia has 13 cement companies with an estimated annual production capacity of 49 million tons, according to a report from NCB Capital.