| Element List | Explanation |
|---|---|
| Introduction | With reference to the announcement of the Saudi Paper Manufacturing Company published on the Tadawul website on 06/24/2025 AD regarding setting the date for the trial operation of the fifth production line during the third quarter of 2025 AD and the total completion rate of the project reaching 85% and to the company’s announcement published on the Tadawul website on 10/12/2023 AD and to the company’s announcement published on the Tadawul website on 10/02/2022 AD The Saudi Paper Manufacturing Company is pleased to announce that the project has been completed 100%, and that the pilot operation has been successfully completed and that commercial operations have commenced for the fifth production line, which aims to increase the company's production capacity by 60,000 tons The total production capacity of the factory will become 190,000 tons annually of raw tissue rolls, which will contribute to increasing the company’s sales capacity to meet the needs of the local market and achieve the company’s export targets outside the Kingdom |
| Previous Announcement | The Saudi Paper Manufacturing Company announces the latest developments, including its previous announcement of the latest developments regarding the signing of an agreement to purchase the fifth production line with a production capacity of 60,000 tons of sanitary paper rolls with the Italian company TOSCOTEC |
| Date of Previous Announcement on Saudi Exchange’s Website | 2025-06-24 Corresponding to 1446-12-28 |
| Hyperlink to the Previous Announcement on the Saudi Exchange Website | Click Here |
| Latest Developments Of The Announced Event | The Saudi Paper Manufacturing Company is pleased to announce that the project has been completed 100%, and that the pilot operation has been successfully completed and that commercial operations have commenced for the fifth production line, which aims to increase the company's production capacity by 60,000 tons The company's total production capacity will become 190,000 tons annually of raw tissue rolls, which will contribute to increasing the company's sales capacity to meet the needs of the local market and achieve the company's export targets outside the Kingdom |
| 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. | Not applicable |
| Delay consequences on the Company’s financial results | Not applicable |
| Additional Information | The commercial operation of the fifth production line achieves the company's goals of increasing production capacity to 190,000 tons annually of raw tissue rolls, in line with the national industrial strategy in the Kingdom of Saudi Arabia and meeting the needs of the local and global markets |