Latest news with #Zoujaj
Argaam
11-05-2025
- Business
- Argaam
Zoujaj associate Guardian RAK's furnace resumes production after maintenance
Production resumed at the melting furnace of Ras Al Khaimah-based Guardian Zoujaj International Float Glass Co. LLC (Guardian RAK), an associate of the National Company for Glass Industries (Zoujaj), following the completion of a maintenance project, according to a statement to Tadawul. In January, Zoujaj launched a maintenance and renovation project for Guardian RAK's furnace, with a total cost of $15.1 million (SAR 56.6 million), according to Argaam.
Argaam
22-04-2025
- Business
- Argaam
Zoujaj to rebuild, expand Furnace 01 for SAR 58.5M
The board of directors of National Co. for Glass Industries (Zoujaj) approved the expansion and reconstruction project of Furnace 01. The project will extend the furnace's length from 65.5 meters to 84.5 meters, increasing its production capacity from 210 tons per day to 280 tons per day, at an estimated cost of approximately SAR 58.5 million, Zoujaj said in a statement to Tadawul. In a statement to Tadawul, the company said the project will be carried out by Techglass (SORG), with construction set to begin in the fourth quarter of 2026 and completion anticipated in the first quarter of 2027. The company also noted that the method of financing will be disclosed at a later date. It expects the project to have a positive financial impact, with a projected 5% increase in sales beginning in the first quarter of 2027. Trial production is scheduled to start in Q1 2027 and will last for approximately 15 days, followed by the commencement of commercial production within the same quarter.
