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Morocco's Cosumar to start operating Saudi sugar refinery in March 2020

RABAT (Reuters) - Morocco’s Cosumar will start operating its sugar refinery in Saudi Arabia’s Yanbu in March 2020, its CEO said on Monday, without giving further details.

Trials of the plant, 43.27% owned by Cosumar, will likely start before March 2020, CEO Mohamed Fikrat told Reuters, without giving details on why production was delayed.

The refinery, dubbed Durrah, was created as a joint venture with Saudi Consolidated Brothers and Industrial Project Development Company, Wilmar.

Reporting by Ahmed Eljechtimi

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