Southern province Cement Company (SPCC)
Top 100 Companies in the Middle East 2021

SR.No: 91

Southern province Cement Company (SPCC)

Sector: Industrials

Date of Establishment: 1978
Country: Saudi Arabia
CEO: Aqeel Fotaees Saeed Kadasah

Sales: $441 million

Profits: $162 million

Assets: $1.1 billion

Market Value: $3.1 billion

SPCC is considered one of the biggest cement companies in the Middle East. It owns three factories in Saudi Arabia in Jazan, Assir, and Makkah. Saudi’s Public Investment fund owns 37.4% of the company and is its largest shareholder. Saudi’s General Organization for Social Insurance owns 10.8% of the company.