The Saudi paper manufacturing Company SPM announced today on tadawul signing a MoU with Italy-based Ricard company to develop its first and second production lines.

The project intends to raise the annual paper production capacity by 26% from 120,000 tons to 151,000 tons.

The first production line development work is scheduled to be finished by Q4 of 2014 and will raise its production capacity by 19,000 tons annually while the second line work is to be finished late 2015 with its production capacity raised by 12,000 tons annually.

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

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

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
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.

Popular Links

Quick Links

Join Us

Argaam.com Copyright © 2024, Argaam Investment, All Rights Reserved
Call Request