“AL-Sorayia gets the Royal Commission’s approval to set up a calcium carbonate plant

18/03/2014 Argaam

The Royal Commission of Yanbu approved allocating more than 23,000 m2 land in Yanbu industrial city for Al-Sorayia Trading and Industrial Group. The land will be used to establish a calcium carbonate plant; the company said in a filing to tadawul.

Al-Sorayia announced earlier, in September 2013, establishing the Arabian company for manufacturing Calcium Carbonate in Jeddah as a joint venture with Al Jazeera paints company.

The SAR 5m capital project is to be 52% owned by Al Sorayia and will be financed by the two companies’ internal resources along with local banks credit.

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.