November 23, 2017 / 12:24 PM / 23 days ago

BRIEF-Saudi's Almarai starts commercial operation of central production plant

Nov 23 (Reuters) - ALMARAI CO:

* ANNOUNCES OPENING AND COMMERCIAL OPERATION OF ITS NEW CENTRAL PRODUCTION PLANT (CPP3)

* SAYS NEW MANUFACTURING FACILITIES WILL INCLUDE SEVEN PRODUCTION LINES FOR FRESH DAIRY PRODUCTS SUCH AS LABAN, MILK AND ZABADI ‍​

* SAYS TOTAL INVESTMENT WILL REACH 1.2 BILLION RIYALS AND HAS BEEN FUNDED THROUGH OPERATING CASH FLOW OF CO COMPLEMENTED BY LOAN FROM SIDF Source text for Eikon: Further company coverage:

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