Saudi Arabia’s National Co. for Glass Industries (Zoujaj) sixth glass container production line will cost SAR 46.6 million ($12.4 million) and is expected to be completed in December 2024.

In a disclosure to the Saudi stock exchange (Tadawul), it said the expected financial impact of the project will appear starting in the first quarter of 2025.

It includes an anticipated increase in annual net income of approximately SAR 10 million, according to a statement to Tadawul.

Zoujaj’s board of directors approved the addition of the sixth line to produce glass bottles with a capacity of about 25,000 metric tons annually on November 9 last year.