Saudi Ceramics notified by Aramco, NGDC of fuel price hikes

02/01/2025 Argaam
Saudi Ceramic Co. building

Saudi Ceramic Co. building

Saudi Ceramic Co. (Saudi Ceramics) was notified by Saudi Aramco and Natural Gas Distribution Co. (NGDC) of adjustments to the prices of fuel products used in production processes effective from Jan. 1.

 

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In a statement to Tadawul, the tile producer said these adjustments will result in an increase in production costs, which will appear starting from the first quarter of 2025.

 

When the financial impact is assessed in a reliable manner, it will be announced later, and the company will work hard to mitigate the impact of these price hikes.

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