Riyadh Cement Wins SAR59 Million Contract for Natural Gas Conversion Project

11:45 PM EST, 01/01/2026 (MT Newswires) -- Saudi cement manufacturer Riyadh Cement Co. (SASE:3092) said Thursday it secured a 59.4 million-Saudi-riyal contract from a branch of Chengdu Design and Research Institute to execute a natural gas conversion project. The project involves converting operations to natural gas under the liquid fuel displacement program and is expected to support production stability while reducing costs once commercial operations begin. The contract has a duration of 12 months.