TSK to build a sugar refinery in Saudi Arabia
25 December, 2016
TSK will be responsible for the turnkey construction for Durrah Advanced Development Company of a sugar refinery in the King Fahd Industrial Port in Yanbu in Saudi Arabia. The value of the contract is close to $200 million.
The plant, with a production capacity of 2,500 tons / day of white sugar, belongs to the Moroccan Consumar group and Saudi groups Industrial Projects Development Co. and Consolidated Brothers Co. With an implementation period of 27 months, this refinery will be one of the projects supporting sustainable development in the industrial area of Yanbu, with the creation of 370 new jobs. It will serve to cover a large part of the sugar requirements of the Saudi market, which currently consumes over 1.2 million tons of white sugar annually.
TSK possesses extensive experience in the sugar sector having worked in most Spanish factories of the former General Azucarera and Ebro Agricolas, this experience being reinforced in 2015 with the acquisition of 75% of the company Omega Engineering, an engineering company specializing in sugar.