The Saudi paper manufacturing Company SPM announced today on tadawul its board decision to invest SAR 30m in developing its first production line as follows:
SAR 30m |
Total project cost |
Internal resources and Murabaha loans |
Financing sources |
29/10/2013 |
The work starts on
|
20/12/2014 |
Trial run |
1/1/2015 |
Commercial operations |
Italy-based Ricard company |
The development work is implemented by |
18,980 tons annually |
Productive capacity increases by |
1/1/2015 |
Financial impact realized as of |
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