Logo of Saudi Paper Manufacturing Co.
Saudi Paper Manufacturing Co. signed a SAR 20.6 million contract with Dorar Tammam Co. (DTC) to build its fifth production line for paper tissue rolls.
The contract also covers the construction and establishment of the steel structure and the building of the production line, according to a statement to Tadawul.
The company expects the completion of these works within 270 days of receiving the down payment and building permit, as well as delivery of the work site.
Saudi Paper will announce any related developments in due course, the statement added.
In October 2022, the paper manufacturer signed an agreement with Toscotec Co. to manufacture and supply a production line of raw tissue rolls, according to data available on Argaam.
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