Southern Province Cement Flags Financial Impact from Saudi Aramco's Fuel Price Adjustments in Q1

12:37 AM EST, 01/05/2026 (MT Newswires) -- Southern Province Cement Co. (SASE:3050) said Monday that the financial impact on its operating activities from Saudi Arabian Oil Co. (SASE:2222), d/b/a Saudi Aramco's, adjusted fuel prices will be realized in the first quarter. The cement producer added that the impact is currently being calculated and expects to mitigate it through its participation in the 2024 industrial sector competitiveness program and execution of its strategic plans. The adjustments took effect on Jan. 1.