Saudi Paper installs machines at Kuwait’s plant, begins operations

11/01/2022 Argaam
Logo of Saudi Paper Manufacturing Co.

Logo of Saudi Paper Manufacturing Co.

Saudi Paper Manufacturing Co. (SPMC) finalized the installation of all machines and trial operations, and launched operations at its Kuwait-based Al-Juthoor Paper Tissue Manufacturing Plant as power was connected.

 

The project was 100% complete, the paper manufacturer said in a statement to Tadawul, adding that the delay was attributed to the Kuwaiti government measures and paperwork required for the power supply.

 

SPMC expected a positive impact on its financial statements, the company added.

 

Last October, the Tadawul-listed company expected to commence operations at the plant in November 2021, Argaam earlier reported.

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