Olam shares jump over 5% after Saudi Arabia buys agri unit
- Type: New Design Flakes Cake Solvent Extraction Plant
- Power(W): 2.1KW
- Voltage:220v/110v
- Production Capacity: 150TPD, high
- After-sales Service 2: Video technical support
- Application: Food Cooking Industrial Jacketed Kettle
- Warranty: More than 5 years, 1 Year
- Customized: Customized
- Raw material: Soybean, Sesame and etc.
- Certification: CE ISO
- Advantage: : simple operation
- Water soften water: 150Kg/T oil
- Bleaching earth consumption: 3-5Kg/T oil
- Refining rate: 1-refining consumption %
- Electric consumption: ≤35Kwh/T oil
- Phosphoric acid: 2~3 Kg/T oil
- Waste bleaching earth oil content: ≤ 25 -30%
Nicky Loh—Bloomberg/Getty Images Olam Group, the Singapore-based food and agribusiness conglomerate, is selling its agricultural products business to Saudi Arabia.
The company also operates edible oil processing and refining plants in Nigeria and Mozambique. where it refines crude vegetable oils and markets refined, bleached and deodorised palm oil, palm olein and refined soyabean oil. Established in 2009, SALIC aims to achieve food security for Saudi Arabia through and international investments.
Saudi Arabia nears deal to take over $4 billion Olam unit
Olam Agri, which sells grains and seeds and makes everything from edible oils to pasta, is one of Olam’s main units. It was created in a reorganization in early 2020. The Gulf region is a growing market for the commodities it supplies and Saudi Arabia is putting a strong emphasis on food security.
About Saudi Agricultural and Livestock Investment Company (SALIC) The Saudi Agriculture & Livestock Investment Company (SALIC) is a global agrifood investor, combining industry expertise with long-term capital deployment across the globe. SALIC invests in growth companies to meet the world's future nutrition needs, enabling innovation and supply chain integration within Saudi Arabia and across
Saudi Investment Firm Salic Nears Acquisition of Olam Agri
In addition to grains and edible oils, Olam Agri also supplies animal feed and ingredients used in processed foods, making it a critical supplier for large-scale food manufacturers worldwide. For Saudi Arabia, integrating these resources into its national food chain offers both supply stability and economic influence in the broader Gulf region.
Olam Agri, which trades bulk grains and produces a range of products from edible oils to pasta, was created as part of Olam Group’s 2020 restructuring. The unit had previously pursued initial public offerings (IPOs) in both Singapore and Saudi Arabia, but regulatory hurdles delayed those plans.
Edible Oils | Sustainable Palm Oil - Olam Agri
Olam Agri is a leading edible oil processing and refining company, supplying high quality oils to customers in Nigeria and beyond.
Shares of Olam Group—cofounded by Singaporean tycoon Sunny Verghese—surged on Friday after a state-owned Saudi investment firm offered to buy the Singapore-listed company’s agribusiness unit.
Saudi company plans to acquire Singapore-based Olam Agri
Salic is a Saudi investment company in the field of agriculture (barley, wheat, corn, soybeans, rice, sugar, edible oil and meat). The headquarters is located in Riyadh (Saudi Arabia). Olam Group Limited is engaged in the supply, processing and packaging of agricultural products.
Singapore’s Olam. reached a long-awaited deal to sell a controlling stake in its agri-business unit, which trades bulk grains and makes everything from edible oils to pasta, to Saudi Arabia’s state-owned food trading firm.
