Zahrat Al Waha inaugurates 2 plastic bottle cap production lines

Logo of Zahrat Al-Waha Trading Co.

Zahrat Al-Waha Trading Co. started operations and commercial sales of two plastic bottle cap production lines, according to a statement on Tadawul.

The step comes as part of the capital expansion plan, which aims to increase production capacity to meet market demand and customer needs, the statement added.

In April, Zahrat Al Waha disclosed its SAR 70 million-worth capital expansion plan for 2023, with the aim of increasing its market share in the plastics sector in the local and foreign markets, diversifying and increasing sources of income, lifting profitability and solvency, maximizing shareholders' equity, and reducing costs.