“MEPCO” receives a notification from “Aramco” regarding the increase in fuel prices from this month
The Middle East Paper Manufacturing and Production Company (MEPCO) announced that it had received a notification from the Saudi Arabian Oil Company (Saudi Aramco), today, Thursday, regarding an increase in the prices of fuel products used in production beginning January 1, 2026.
The financial impact of this increase is expected to be an approximate increase equivalent to 1.8% of the total annual sales cost, according to the company’s latest audited annual financial statements, and this impact will appear starting in the first quarter of the fiscal year 2026.
She said. The company, according to a statement on "Saudi Arabia trading"It will continue to enhance the efficiency of its business and develop it in a responsible and sustainable manner and invest in developing production technologies and products, as well as maximizing the benefits of the competitive infrastructure available in the Kingdom to achieve its strategic goals.
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