Saudi Paper Manufacturing Company started the trial run of the first production line on December 20, 2014.
The new line is expected to go on stream on January 1st 2015; the company said in a filing to Tadawul adding that the project’s cost is within the budgeted amount.
According to Argaam; Saudi Paper Manufacturing Company signed a contract with Ricard Italian Company in October 2013, to develop a new production line at a total cost of SAR 30m.
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