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FINANCIAL NEWS
Cargill, Arasco launch new JV in Saudi
26 Jan 2013
(MENAFN) Cargill and Arasco reported starting a new joint venture in Saudi Arabia for starches and sweeteners, reported Saudi Gazette.
The new project will utilize Arasco’s Al Kharj milling facility and will triple its production capacity.
The companies said that products would be exported to several countries including Kuwait, UAE, Qatar, Oman, Bahrain, Yemen, Iraq and Jordan.
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