Zoujaj says Gulf Guard to set up SAR 806.2M float glass factory

04/08/2024 Argaam
Logo ofThe NationalCompany for Glass Industries (Zoujaj)

Logo of The National Company for Glass Industries (Zoujaj)

The National Company for Glass Industries (Zoujaj) said that the board of directors of Saudi Guardian International Float Glass Co. (Gulf Guard) approved a study for the establishment of a flat and insulating glass factory at a cost estimated at $215 million (SAR 806.2 million).
 
The new factory will be set up as Gulf Guard 2, the glass manufacturer said in a statement to Tadawul.
 
 

The project will be established in the Royal Commission for Jubail and Yanbu (RCJY) with a daily production capacity of 750 tons.

 

In January, Guld Guard’s board gave the go-ahead for studying the establishment of a float glass plant.

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