GEA bags order from NADEC to supply equipment for Saudi
GEA received the order from the National Agricultural Development Company (NADEC), one of the largest agricultural and food processing companies in the Middle-East and North Africa, recently to build and supply the industrial equipment for a large olive oil mill located in Saudi Arabia. This contract comes in at over three million euro.
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GEA secures deal with NADEC to build new olive oil mill
ASIA – GEA Group, leading supplier of technology for the food processing industry has secured a contract deal with the National Agricultural Development Company (NADEC) to build and supply the industrial equipment for a large olive oil mill in Saudi Arabia.. GEA said the contract, valued at more than US$3.41 million (3 million euros) follows on from the successful completion of the first
The proven oil reserves in Saudi Arabia are the 2nd largest in the world, estimated to be 268 billion barrels (43 × 10 ^ 9 m 3) (Gbbl hereafter), including 2.5 Gbbl in the Saudi–Kuwaiti neutral zone. They are predominantly found in the Eastern Province.
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