BACKGROUND
The Eastern Province Cement Company was established by the Ministerial Decision No. 939 dated 03.04.1403H.
The Paid up Capital is 860 Million S.R. consisting of 86,000,000 shares owned by Citizens and official bodies as follows:
Public Pension Agency 10%
Public Investment Fund 10%
General Organization for Social Insurance 10%
Saudi Citizens 70%
The company is founded mainly to produce Clinker and Cement to cater the need of local market, Middle East and surplus to world markets.