Zoujaj's 6th glass containers line to be completed in Dec. at SAR 47M

16/04/2024 Argaam
Logo ofNational Co. for Glass Industries (Zoujaj)

Logo of National Co. for Glass Industries (Zoujaj)

National Co. for Glass Industries (Zoujaj) said today, April 16, that the sixth glass container production line will cost SAR 46.6 million and is expected to be completed in December 2024.

 

For more news and details on the projects

 

The expected financial impact of the project will appear starting in the first quarter of 2025. It includes an anticipated increase in annual net income of approximately SAR 10 million, according to a statement to Tadawul.

 

On Nov. 9, 2023, Zoujaj’s board of directors approved the addition of the sixth line to produce glass bottles with a capacity of about 25,000 metric tons annually, according to data available on Argaam.

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