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Saudi's National Gypsum Co Warns of Financial Impact as Aramco Amends Fuel Prices

MT Newswires·01/05/2026 10:44:12
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10:44 AM EST, 01/05/2026 (MT Newswires) -- National Gypsum Co (SASE:2090) expects a financial impact on production costs from Saudi Arabian Oil Co's (SASE:2222), d/b/a Aramco's, adjustment of prices of fuel used in production, effective Jan. 1. The Saudi gypsum manufacturing company will see the impact, which is being calculated, starting from the first-quarter results. It added that its membership in the Industrial Sector Competitiveness Program will help reduce the expected impact.