National Gypsum receives notice of fuel price adjustment

04/01/2024 Argaam

National Gypsum receives notice of fuel price adjustment

Logo of National Gypsum Co.

National Gypsum Co. received a notice from Saudi Arabian Oil Co. (Saudi Aramco) on the rise in prices of fuel products used in production, effective Jan. 1.

 

According to a statement to Tadawul today, Jan. 4, the company said the pricing adjustment will result in higher production costs.

 

The company is currently assessing the financial impact of this change, the statement added.

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