Zoujaj Raises Furnace 01 Rebuild Cost to SAR 119.9M

ZOUJAJ

ZOUJAJ

2150.SA

0.00

On August 2, 2026, the National Company for Glass Industries ("Zoujaj") released an update on its previously announced Board of Directors' approval (April 22, 2025) to expand and rebuild Furnace 01. As furnace reconstruction works resulted in changes to technical and operational requirements, the company has incorporated the refurbishment and rehabilitation of existing production lines into the project scope to ensure full compatibility with the rebuilt furnace and maximize production capacity. The total project cost has increased to SAR 119.9 million, comprising SAR 58.5 million for the furnace expansion and reconstruction works and an additional SAR 61.4 million for upgrading and rehabilitating the production lines. Project implementation remains on schedule to commence in the fourth quarter of 2026, as previously announced.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=97161&anCat=1&cs=2150&locale=ar

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