| Element List | Explanation |
|---|---|
| Introduction | As the furnace reconstruction works resulted in changes to the technical and operational requirements, it became necessary to upgrade and refurbish the existing production lines to ensure their compatibility with the specifications of the rebuilt furnace. It was determined that continuing to operate the production lines in their current condition would not achieve the required operational integration, which could adversely affect production efficiency and overall plant performance. Accordingly, the refurbishment and rehabilitation of the production lines were incorporated into the scope of the furnace reconstruction project to ensure the full realization of the project's objectives, provide stable and reliable operation, enhance production efficiency, and minimize the risk of future equipment failures and unplanned downtime. |
| Previous Announcement | Announcement by National Company for Glass Industries "Zoujaj" regarding the Board of Directors' approval to expand and rebuild Furnace 01. |
| Date of Previous Announcement on Saudi Exchange’s Website | 2025-04-22 Corresponding to 1446-10-24 |
| Hyperlink to the Previous Announcement on the Saudi Exchange Website | Click Here |
| Latest Developments Of The Announced Event | As part of the company's ongoing industrial restructuring aimed at meeting demand and enhancing product quality and to complement the furnace reconstruction and expansion, the renewal of production lines has been incorporated into the furnace project scope.this ensures the project delivers maximum production capacity,It should be noted that the commencement of the project implementation will take place as previously announced during the fourth quarter of 2026. |
| Reasons For The Delay on The Date of The Event Previously Announced | Not applicable. |
| The costs associated with the event, and if they have changed or not with indication of the reasons. | The total cost of the furnace expansion and reconstruction works amounted to SAR 58.5 million, while the additional cost for upgrading, refurbishing, and rehabilitating the production lines amounted SAR 61.4 million. These works were incorporated into the project scope to ensure that the production lines are fully compatible with the rebuilt furnace and ready for operation, thereby achieving the highest levels of operational efficiency , accordingly, the total project cost amounted to SAR 119.9 million. |
| Delay consequences on the Company’s financial results | Not applicable. |
| Additional Information | No |