Saudi Paper says evaluating impact of subsidiary's fire accident

Riyadh-Mubasher: Saudi Paper Manufacturing Co. (SPMC) said it is currently evaluating the financial impact of the fire which broke out in its Riyadh-based subsidiary Saudi Recycling Co. on 26 March.

All plants and facilities are subject to comprehensive insurance coverage, according to the relevant terms and conditions, the paper manufacturer said in a bourse statement.

 

Mubasher Contribution Time: 27-Mar-2016 06:57 (GMT)