Saudi Ceramic announced progress in the Second Sanitary Ware Plant

29/12/2015 09:57 AST

Further to Saudi Ceramic Company announcement on 28/6/2015 regarding the Second Sanitary ware plant project, the company announces that it has finished most of the major stages of the project; the remaining part is related to final installation of certain machinery to start trial production. Saudi ceramic company expects based on the commissioning schedule of the companies executing the project, to complete installation of the remaining machinery of the project and start the trial production by the end of the first quarter of 2016. The reason for the delay as noted in the previous announcement is lack of manpower with the contractors These activities will not negatively affect the company results of this year, also will not affect the project feasibility, the costs related to the delay are limited and immaterial to company results


Tadawul

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1

Tadawul

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