An addendum announcement from the National Company for Glass Industries “Zoujaj” regarding the announcement of the associate company Saudi Guardian International Float Glass Company Limited “Gulf Guard” to begin studying the establishment of factory.
Element List | Explanation |
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Date of Posting the Previous Announcement of Development on Saudi Exchange’s Website | 2024-01-11 Corresponding to 1445-06-29 |
Hyperlink to the Previous Announcement | Click Here |
Change on the Development | Further to company’s announcement dated 1445/06/29corresponding 11/01/2024,
It includes approval of the Board of Directors of Saudi Guardian International Float Glass Company Limited “Gulf Guard” to begin studying the establishment of a factory project to produce flat and insulating glass. Board of Directors of Saudi Guardian International Float Glass Company Limited “Gulf Guard” approved study submitted to establish factory for the production of flat and insulating glass which will be called Gulf Guard 2, The project will be established in the Royal Jubail Industrial Commission with production capacity of 750 tons per day and at cost It is estimated at $215 million (SAR 806.2 million). |
Financial Impact on the change | None |
Additional Information | None |
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