Oriental Weavers has added four new production lines to its plants in the domestic market, Al-Borsa reported citing Haitham Abdel Menem, investor relations manager of Oriental Weavers.
The company has completed selling this month production lines of Belgium weaving plant and tested the first two production lines in order to start the actual operations this month. Two more lines are expected to start operations next month, according to an Al-Borsa report.
The new lines are expected to increase the company’s production capacity by 15 percent, from 350,000 meters to 400,000 meters.
