01 November 2006
Saudi Readymix Concrete Company is currently pressing ahead with the construction of three new concrete production plant in three separate locations across Saudi Arabia as part of the company’s record SR130 million ($35 million) capital expenditure programme.
The newly launched projects in Khurais, Rabigh, and Yanbu – totalling SR45 million in capital investment – will supply concrete to the company’s fast-growing customer and project portfolio, says a company spokesman.
Khurais, where Saudi Readymix is building a SR15 million on-site concrete batching plant to support the ‘mega’ Khurais Crude Increment Programme of Saudi Aramco, is among several on-site plant projects being set up by Saudi Readymix across the kingdom. The plant will be equipped with an advanced computerised batching plant and a modern fleet of truck mixers and mobile pumps, a key component of the company’s ongoing strategy to provide the construction industry with high quality concrete and service that guarantees supply reliability, he says.
These project-specific plant are supported by the company’s own on-site quality control laboratories, staffed by skilled technicians who help ensure consistent high quality supplies of ready-mixed concrete to meet the most stringent specifications.
Meanwhile, the new SR15-million plant at the coastal city of Rabigh is in its final completion stages and will be operational soon. This is the second station that the company operates in Rabigh to supply concrete for the booming construction industry in the city. Saudi Readymix has signed more than SR125 million worth of projects in the city to supply the huge Rabigh Refining and Petrochemical Company (Petro-Rabigh) project of the Saudi Aramco and Sumitomo Chemical joint venture.
Construction on the SR18 million plant at Yanbu is about to start, after receiving all required approvals from the Royal Commission, and is expected to be operational before the end of the year. Unlike the previous two plant, the Yanbu plant is a commercial ready-mixed concrete plant that is planned to service the major petrochemical and industrial projects that are about to start in the Industrial City of Yanbu.
Once both the Khurais and the Rabigh plant are commissioned in the next few months, Saudi Readymix will be operating five on-site concrete plants at various locations in the kingdom. The company expects this number to double in the next two years as it pursues its ambitious growth plans.
Investment in additional projects this year will include the SR20 million commissioning of a new quarry located between Dammam and Riyadh, using state-of-the-art equipment to produce high quality aggregates for concrete production; and a SR30 million purchase of 11 new truck-mounted concrete pumps, which will bring the total number of pumps in operation to over 90.