# Sipchem's Saudi Specialized Products tools manufacturing plant starts operation in Riyadh

Sipchem announced that the Tools Manufacturing Facility of Saudi Specialized Products Company commenced commercial operations on Nov. 1, 2016 in the Second Industrial City in Riyadh. The total cost was approximately SR110 million.

- Type: New facility
- Announced: 2016-11-01
- Where: Riyadh, Saudi Arabia
- Value: $29.3M (110.0M SAR)
- Status: completed
- Products: metal molds, spare parts, industrial parts for plastic, packaging and metal industries
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Sipchem](https://endata.com/companies/223.md)
- [Saudi Specialized Products Company](https://endata.com/companies/224.md)
- [Hanwha Chemical](https://endata.com/companies/225.md) (partner)

## Sources

- [saudigazette.com.sa](https://saudigazette.com.sa/article/166407), 2016-11-01: "The Tools Manufacturing Facility and industrial parts plant owned by the Saudi Specialized Products Company, an affiliate of Sipchem, commenced commercial operations on Nov. 1, 2016."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.