Saudi Paper Manufacturing Expands Output by 79% at Dammam Plant

By Glen Carey

March 14 (Bloomberg) -- Saudi Paper Manufacturing Co., a maker of tissue paper, invested 300 million riyals ($80 million) to expand production by 79 percent at its plant in Dammam, Saudi Arabia.

Production increased to 125,000 tons a year on March 12, from 70,000 tons a year, the company said in a statement to the Saudi bourse Web site today.

To contact the reporter on this story: Glen Carey in Dubai at gcarey8@bloomberg.net