Cargill forms joint venture in Saudi Arabia

09/8/2013 | Trade Arabia (Bahrain)

Cargill and the Arabian Agricultural Services Company (ARASCO) have formed a joint venture in Saudi Arabia for production of starches and sweeteners. “This new joint venture builds on the strengths of both companies, our existing local market knowledge and local manufacturing environment along with Cargill’s global technical and product development capabilities," said Abdulmalik Alhussaini, CEO of ARASCO, which will have 80% of the venture, as well as management control.

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Trade Arabia (Bahrain)

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