![Zoujaj says Gulf Guard to set up SAR 806.2M flat glass factory](https://argaamplus.s3.amazonaws.com/7848785c-b387-4a97-b88e-a8a1a7aa7935.png)
Logo of The National Company for Glass Industries (Zoujaj)
The National Company for Glass Industries (
Zoujaj) said that the board of directors of Saudi Guardian International Float Glass Co. (
Gulf Guard) approved a study for the establishment of a flat and insulating glass factory at a cost estimated at $215 million (SAR 806.2 million).
The new factory will be set up as
Gulf Guard 2, the glass manufacturer said in a statement to
Tadawul.
The project will be established in the Royal Commission for Jubail and Yanbu (RCJY) with a daily production capacity of 750 tons.
In January, Guld Guard’s board gave the go-ahead for studying the establishment of a float glass plant.
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