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Riyadh Cement Co Enters Two-year Contract to Implement Light House Project

MT Newswires·09/14/2026 10:35:27
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10:35 AM EDT, 09/14/2026 (MT Newswires) -- Riyadh Cement Co (SASE:3092) struck a 24-month contract valued at $14.9 million with Tianjin Cement Industry Design & Research Institute for the implementation of an operational efficiency program dubbed the Light House project. The project seeks to improve operational efficiency and productivity and cut costs, among others, according to a Monday release. The contract is part of the Tadawul-listed cement company's strategy and digital transformation program.