Cargill and Arasco have announced their intention to create a new starches and sweeteners joint venture in the Kingdom of Saudi Arabia. The new joint venture company will acquire Arasco’s existing corn milling facility in Al Kharj and will produce starch based products primarily for the Gulf Cooperation Council (GCC) countries of Saudi Arabia, UAE, Kuwait, Oman, Qatar, Bahrain, as well as Yemen, Iraq and Jordan.
