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Umm Al-Qura Cement Expects Increased Fuel Rates to Affect Production Costs

MT Newswires·01/01/2026 08:04:40
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08:04 AM EST, 01/01/2026 (MT Newswires) -- Umm Al-Qura Cement Co. (SASE:3005) said Thursday that Saudi Arabian Oil Co. (SASE:2222), d/b/a Saudi Aramco, notified of increased fuel product prices, which will also raise its cement production costs. The impact of the new fuel rates, which are effective immediately, will appear from the first-quarter results, the cement manufacturer noted.