Wednesday 19 June 2019

German firm wins deal to build giant Saudi olive oil mill

RIYADH, March 20, 2019

German company GEA said it has won a €3 million ($3.4 million) contract from National Agricultural Development Company (Nadec) to build a giant olive oil mill in Saudi Arabia that will be the largest in Asia.

Nadec is one of the largest agricultural and food-processing companies in the Middle East and North Africa (Mena) region.

The project, led by GEA, accommodates the combined efforts of several Spanish machine manufacturers, which in the end will be configured as an integrated solution – practically a "turnkey" olive oil mill.

"We were able to offer Nadec a differentiated and integrated solution from the hands of a single supplier," explains Rafael Cárdenas, head of the Center of Excellence for Olive Oil of GEA in Úbeda (Spain). Once the construction process is completed, this facility will be largest and most modern olive oil mill in Asia.

As per the deal, GEA will build and supply the industrial equipment for a large olive oil mill located in the Al Jouf region, said a statement from the German company.

It will also provide civil engineering, automation engineering, processes and all the necessary industrial equipment to manage the olive oil plant successfully.

The scope of the project is expected to encompass 5 million olive trees from a single farm of 3,000 hectares, it added.

"The cooperative relationship between Nadec and GEA’s Olive Oil Center of Excellence began in 2014," remarked Alvaro Martinez, the regional head for Western Europe and Middle East and Africa.

"This project is a very good example of GEA's ability to deliver large projects anywhere in the world and provide high added value to customers since not only the equipment but also the knowledge of the process is key," he noted.

The signing of the new contract marks the culmination of work, a process in which the GEA office in Saudi Arabia and the company's Olive Oil Center of Excellence in Spain have collaborated very intensely, he added.-TradeArabia News Service


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