Riyadh — Mubasher: Naas Petrol Factory Company (Petrol Naas) recently unveiled the completion of all construction phases for its new industrial facility located in Al Kharj.
The company confirmed that the plant is now fully ready for operations, marking a significant milestone in its strategic expansion within the Saudi industrial sector, according to a bourse filing.
The project aligns with the objectives of Saudi Vision 2030, focusing on enhancing domestic production capabilities and strengthening the company's market presence.
By increasing overall production capacity and diversifying its product range, Petrol Naas aims to better serve its targeted industrial segments.
The listed company expects the positive financial impact of the new facility to materialize during the second half (H2) of 2026, following the stabilization of production cycles.
Moreover, the positive financial projection is intended to improve product quality and support Petrol Naas’ long-term growth strategy in the Kingdom.
