Displaying items by tag: City Cement Company

Saudi Arabia: City Cement has announced that its waste management subsidiary Green Solutions for Environmental Services (GSES) has launched a new company to produce alternative fuel (AF) for local and overseas markets. The company is a joint venture in which GSES holds a 29% stake, with the majority stake held by Public Investment Fund subsidiary Tadweer Environmental Services. The joint venture has US$1.8m-worth of capital.

Saudi Arabia: City Cement Company has issued articles of association and registered a new 100% subsidiary. The unit will operate in the area of waste management. The board of directors of City Cement approved the move in March 2021.