Jan 16, 2025
In a strategic move to enhance sustainability and innovation in the Saudi construction sector, Masheed, a leading company in sustainable cement replacement and a subsidiary of Alturki Holding, announces its partnership with SESCO Trading, one of the largest international trade and marine shipping companies, to establish a cement alternatives grinding station in the central region, in collaboration with the Saudi Authority for Industrial Cities and Technology Zones (Modon).
This partnership comes as a culmination of the pivotal role played by the Saudi Authority for Industrial Cities and Technology Zones (MODON) in enabling the construction of the grinding station. The station is expected to produce 2 million tons annually of cement alternatives. The project relies on advanced vertical grinding technology, which is highly efficient and cost-effective, contributing to a reduction of carbon emissions from concrete inputs by up to 50%. This, in turn, will improve air quality and help achieve the Kingdom's environmental goals in line with Vision 2030.
The project will also create more than 500 direct and indirect job opportunities across operations, maintenance, and logistics, thereby supporting the local economy and enhancing industrial development in the Kingdom. The cement alternatives will be produced according to the highest quality standards, meeting the needs of major national projects.
In this context, Mr. Rami Alturki, Chairman of Masheed and President and CEO of Alturki Holding, emphasized the importance of the project, stating: "This project represents a strategic step towards developing the sustainable construction sector in Saudi Arabia, as we aim to meet local market needs and support major projects that contribute to achieving Vision 2030. By utilizing advanced technologies in cement alternatives production, we directly contribute to enhancing environmental sustainability. This project is not only an investment in modern technologies but also an opportunity to elevate the industrial sector and attract foreign investments."
The CEO of the Saudi Authority for Industrial Cities and Technology Zones (Modon), Engineer Majed Alargoubi, commented: "Through our support for this investment, we affirm our commitment to providing an environment that fosters innovation and sustainable development in the Kingdom. This station represents a significant step in strengthening Saudi Arabia’s ability to develop local industries that meet the needs of major projects and enhance the sustainability of the environmental sector. We view this collaboration as a prime example of successful partnerships that contribute to achieving the goals of Vision 2030 and create real value for both society and industry."
This project represents a strategic step in achieving the Kingdom's environmental and industrial goals and embodies effective collaboration between the public and private sectors to drive sustainable development. Through this partnership, the companies involved are providing innovative solutions that meet local market needs and support Vision 2030, reinforcing the Kingdom’s position as a global industrial hub and contributing to building a sustainable future for generations to come.
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