Friday, Jun 29, 2007
BEIRUT (Zawya Dow Jones)--The Saudi Arabian Glass Co., or Sagco, said Thursday it is to add two glass furnaces to its existing factory in order to meet rising demand for glass containers from local and foreign markets.
The furnaces will be built between 2007 and 2010, the company said in a statement, without giving any financial details.
Sagco is located in the Saudi city of Jeddah. The company produces 650 tons of glass products a day and exports more than 7,000 glass containers a year.
-By Maria Abi-Habib; +961 1 985 757; maria@zawya.com
Copyright (c) 2007 ABQ Zawya Ltd.
(END) Dow Jones Newswires
29-06-07 1003GMT
