Saudi cement firm commissions Finns for plant deal
Southern Province Cement signs $26m deal with Wartsila Power
Saudi Arabia’s Southern Province Cement Company has signed a $26m contract with a Finnish power firm that will allow it to expand its power plant in Jazan, located in the south of the country.
Southern Province's chairman, HH prince Abdullah bin Mosa'ad bin Abdulrahman Al- Saud, signed the contract with Wartsilla Power Contracting Co of Finland yesterday.
The deal will see four diesel-powered units added to its plant in Jazan, which will increase its capacity by 32 MW.
The plant is expected to take 12 months to build,and the project will be financed from Southern Province Cement's existing resources.