Borsat Al Khaleej Live Support
05/12/2025 03:03 AST
Leading Saudi flour production company Fourth Milling Company (MC4) has broken ground on its new production facility at Al Kharj region of the kingdom. This comes as part of its SAR265 million ($71 million) expansion project.
The commencement of civil works for the project marked an important milestone for MC4, and the official launch of construction works under the distinguished sponsorship of MEWA and GFSA, following an invitation extended by MC4.
Following the expansion, it will add a new wheat milling line with a capacity of 750 tonnes per day and a new feed plant with a capacity of 240 tonnes per day.
The expansion will increase MC4's total production capacity to more than 1.34 million tonnes annually, making it one of the largest players in the kingdom's flour milling landscape and reinforcing the company's critical role in supporting the kingdom's food security agenda under Vision 2030.
The groundbreaking ceremony was attended by senior officials led by Eng. Abdulrahman Abdulmohsen AlFadley, the Minister of Environment Water and Agriculture, alongside Eng. Ahmed Bin Abdulaziz Alfares, the President of the General Food Security Authority (GFSA).
The delegation then toured the site, reviewed project milestones, and met with senior leadership of MC4.
CEO Khalid Al Maktary said: "We are honoured to welcome our esteemed guests to Al Kharj as we take another major step toward strengthening national food security and unlocking new growth opportunities. This expansion aligns with our vision to be a future-ready, high-capacity milling partner for Saudi Arabia and the region, supported by world-class infrastructure, smart technologies, and a deep commitment to quality."
The Al Kharj expansion is part of MC4's broader transformation journey, which includes advanced quality certifications, institutional digitization, and a growing export footprint supported by GFSA export authorization, stated Al Maktary.
The project is also expected to support job creation for Saudi nationals, in line with the Kingdom's localization and economic diversification agenda under Vision 2030, stated the official.
MC4 continues to demonstrate operational strength across its nationwide network, with its production facilities running at a high utilisation rate of 94% and the Al Kharj branch operating at an exceptional 97% capacity, he added.
Trade Arabia
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| ALMARAI | 45.88 | 0.62 (1.36 |
| SAVOLAGROUP | 30.00 | 0.36 (1.21 |
| SADAFCO | 219.40 | 0.10 (0.04 |
| NADEC | 16.17 | 0.17 (1.06 |
| FIRSTMILLS | 51.75 | 0.45 (0.87 |
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