Saudi Riyadh Cement Company (Saudi Exchange Code 3092) announced the signing of the "Light House Project" digital transformation contract with Tianjin Cement Institute, amounting to $14.9 million (about 55.9 million Saudi riyals). Excluding value-added tax, the construction period is 24 months, covering digital transformation, automation, process optimization, artificial intelligence, predictive maintenance and energy efficiency optimization. This marks that the engineering and technical services of China Building Materials have been upgraded from equipment export to the "overall transformation plan of intelligent factories".
Riyadh Cement is one of the major cement producers in Saudi Arabia, listed on the Saudi Stock Exchange, and its production line is among the largest in the country. The contract covers digital transformation, automation, process optimization, artificial intelligence, predictive maintenance and energy efficiency optimization, with a construction period of two years.
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