Riyadh — Mubasher: ASG Plastic Factory Company has reached a 55% completion rate for the construction of its new manufacturing facility, according to an updated bourse disclosure.
The project covers a total area of 100,959 square meters and represents a significant milestone in the company’s industrial expansion.
The development follows the initial board of directors' approval for the project, which was previously disclosed on 24 September 2025.
ASG Plastic Factory confirmed that there are currently no changes to the costs associated with the construction of the site.
According to the disclosure, the project is progressing in line with the expected timeline.
The listed firm stated that the new facility is a core component of its corporate strategy to enhance production capacity and increase its overall market share.
Meanwhile, ASG Plastic Factory emphasized its commitment to completing the project to meet growing customer demand and drive innovation within its manufacturing operations.
