Zoujaj: Riyadh plant expansion project is 80% complete:

02/06/2014 Argaam

The National Company for Glass Industries (Zoujaj) said that Riyadh Plant expansion project is 80% complete.

The company spent SAR 152.3m on the project till the end of May 2014 and expects it to be 100% complete by October 1st, 2014; Zoujaj said in its filing to Tadawul today.

According to data available on Argaam; Zoujaj signed, last year, SAR 43.7m contract with Saudi Amana Company for the civil works of Riyadh factory expansion project and SAR 55.5m contract with the Poland Company Glass Tech for building the glass furnace.

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