Rifd Industry Company via its subsidiary Rifd Plastics Company commenced the construction activities for its Plastics Compounding Factory

Rifd Industry Company via its subsidiary Rifd Plastics Company commenced the construction activities for its Plastics Compounding Factory which will be built on 15,000 m2 land area in Jubail Industrial City. The factory was designed to produce 15,000 tons of compounded polymers. The project will be funded via SIDF (50%) and Investors with related experience (50%). The factory will insha’Allah start production by the first quarter of 2022.