| Element List | Explanation |
|---|---|
| Announcement Detail | Referring to what was stated on the (X) platform and in the Maaal newspaper, Saudi Chemical Company Holding announces that one of its subsidiaries has established a production line aimed at developing and replacing the current civil explosives production line at its industrial complex in Atshanah. This update comes as part of the company's strategic direction to support the mining sector and the civil development sector by enhancing the readiness and operational efficiency of its factories. The investment cost is estimated at SAR 59.19 million, and the company will collaborate with (HTD Kimya) to establish the new production line for this type of plant. The company also notes that the production line will be financed through its own financial resources. Regarding the executing company, the company clarifies that it will be announced later. Given the size and scope of the investment, the development and replacement process is not expected to have a material financial impact on the company’s consolidated financial statements, and it will not affect the company’s commitments to its customers. The trial operation is expected to begin in the fourth quarter of 2026, with commercial production beginning in the first quarter of 2027. |