Takween: Non-woven fabrics production line goes on stream in April

30/03/2014 Argaam

Takween Advanced Industries Company expects the third production line of its affiliate, Saudi Arabia Advanced Fabrics Factory (SAAF), to go on stream during the first half of April 2014; the company said in its filing to Tadawul today.

Takween added that the new line is about to complete the trial run period.The financial impact is expected to be reflected on Q2 of 2014’s financials.

According to Argaam’s data; Takween started trail operations for the third line on December 17, and said then that it would continue for 3 months.

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