Al Battal Chemical Obtains Building Permit for Factory

ALBATTAL FACTORY

ALBATTAL FACTORY

9623.SA

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On April 26, 2026, Al Battal Chemical Industries Company announced it obtained a building permit from the Industrial Cities Authority on April 23, 2026, for its factory facilities reconstruction following fire damage on July 4, 2025. The company has appointed a consulting firm to oversee construction phases, with completion expected during the fourth quarter of 2026. The factory reconstruction is part of the company's plan to improve operational performance, with expected positive contributions to revenue growth and addressing current losses.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=94644&anCat=1&cs=9623&locale=ar

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