Modern Mills Company announced on May 10, 2026 that its Board of Directors approved the establishment of a food ingredients plant in the Western region with a production capacity of 42,000 metric tons per year. The project, estimated to cost SAR 87.7 million, will be financed through internal resources, sharia compliant bank facilities, and other financing programs. Preliminary works are expected to commence in the third quarter of 2026 following regulatory approvals, with the project supporting the company's strategy to diversify its product portfolio and align with Saudi Arabia's Vision 2030 food security objectives.

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