Monday, December 26, 2011

Government projects expected to boost Saudi Cement Sector in 2012

NCB Capital, Saudi Arabia?s leading wealth advisor and Kingdom?s largest asset manager, expects the Saudi cement sector to continue witnessing strong demand in 2012, led primarily by government projects. However ongoing fuel issues with Aramco could delay the 4.5mn tons of new capacity expected in 2012. This potential supply constraint should provide strong pricing support.

NCB Capital Company
� 2011 Al Bawaba (www.albawaba.com)

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Source: http://www.albawaba.com/business/pr/government-projects-expected-boost-saudi-cement-sector-2012-406748

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