‎Obeikan Glass starts commercial operations at Aluminum Casting Foundry

Obeikan Glass Co. announced the commencement of commercial operations at its aluminum casting facility, Saudi Aluminum Casting Foundry, effective Monday, October 13, 2025.

In a statement on Tadawul, the company attributed the delay in the start of operations to the late connection of the required utilities and the completion of the necessary operating permits from the Saudi Authority for Industrial Cities and Technology Zones (MODON).

There has been no change in the project’s scope of work, and therefore, the associated costs remain unchanged.

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The financial impact of the project is expected to appear in the company’s financial statements starting from the fourth quarter of 2025.

According to data compiled by Argaam, Obeikan Glass signed a partnership agreement with Al-Esra Aluminum Factory in August 2023 to jointly own and operate an aluminum casting plant with a total investment of SAR 73 million. The project’s trial operation commenced on Dec. 16, 2024.

The plant is located in the MODON Industrial Area in Madinah and will specialize in manufacturing and casting various aluminum products.

Obeikan Glass owns a 60% stake in the project, while Al-Esra Aluminum holds the remainder.

Obeikan Glass Co. announced the commencement of commercial operations at its aluminum casting facility, Saudi Aluminum Casting Foundry, effective Monday, October 13, 2025.

In a statement on Tadawul, the company attributed the delay in the start of operations to the late connection of the required utilities and the completion of the necessary operating permits from the Saudi Authority for Industrial Cities and Technology Zones (MODON).

There has been no change in the project’s scope of work, and therefore, the associated costs remain unchanged.

The financial impact of the project is expected to appear in the company’s financial statements starting from the fourth quarter of 2025.

According to data compiled by Argaam, Obeikan Glass signed a partnership agreement with Al-Esra Aluminum Factory in August 2023 to jointly own and operate an aluminum casting plant with a total investment of SAR 73 million. The project’s trial operation commenced on Dec. 16, 2024.

The plant is located in the MODON Industrial Area in Madinah and will specialize in manufacturing and casting various aluminum products.

Obeikan Glass owns a 60% stake in the project, while Al-Esra Aluminum holds the remainder.