National Gypsum said energy price adjustment is expected to affect production costs starting from Q1 2026
National Gypsum Co. received a notice from Saudi Aramco on Jan. 1 on the adjustment of fuel prices used in its operations, effective immediately.
In a statement to Tadawul today, Jan. 5, the company said the adjustment is expected to affect production costs starting from Q1 2026. The related financial impact is currently being assessed and will be announced once determined.
National Gypsum joined the Industrial Sector Competitiveness Program in 2024, which is bound to help alleviate this financial impact and improve energy consumption efficiency.
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