2003 News Story

Edible oil factory planned for Yanbu

An edible oil factory with an annual capacity of 700,000 tons of soybean oil is to be established at the King Fahd Industrial Port in Yanbu by the Asr Al-Budoor Company. In addition to soybeans, sesame and sunflower will also be processed. The factory, expected to be operational within two years, could save the Kingdom some SR 1 billion [U.S. $267 million] over the next 20 years.