Riyadh - Mubasher: Saudi Arabian Oil Company (Aramco) has notified industrial companies, including Saudi Ceramic Company (Saudi Ceramics) and Yanbu Cement Company, of fuel price adjustments for operational and production use, effective 1 January 2026.
The price adjustments will affect Saudi Ceramics’ production costs and Yanbu Cement’s operating costs starting from the first quarter (Q1) of 2026, according to two separate bourse filings.
Meanwhile, the two companies are currently in the process of calculating the expected financial impact.
Since 2024, the two firms have participated in the Industrial Sector Competitiveness Program, which may help offset the impact of the price adjustments and enhance energy efficiency.
They reaffirmed their commitment to implementing best operational practices, improving efficiency, and supporting sustainable growth in line with their strategic objectives.
In November 2025, Aramco announced plans to launch a new Aramco Ventures office in Paris.