Obeikan Glass launches work to establish 2nd float glass line

10:29 AM (Mecca time) Argaam
Logo of Obeikan Glass Co. which will set up a second float glass production line with production capacity of 650 tons per day.

Logo of Obeikan Glass Co. which will set up a second float glass production line with production capacity of 650 tons per day.


Obeikan Glass Co. commenced work on the second float glass production line at its existing plant in the Royal Commission for Jubail and Yanbu (RCJY), which will have a production capacity of 650 tons per day.

 

For more news on listed companies

 

In a statement to Tadawul, the company said that an agreement was signed with Zhongyuan Glass Industry Equipment Co. for the supply of technology and part of the equipment for the new production line.

 

The supply of technology and part of the equipment constitutes the project’s implementation phase.

 

Any new developments will be announced in due course.

 

According to data available with Argaam, the company’s board of directors approved, in October 2024, the establishment of a second float glass production line at its current factory in RCJY at the cost of approximately SAR 520 million.

Comments {{getCommentCount()}}

Be the first to comment

loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.