Tanmiah signs agreements with SABIL and National Grain Company to strengthen grain supply and feed security
- SABIL will provide Tanmiah with dedicated grain storage at its Al-Kharj facility, including receiving, joint quality inspection, inventory management and dispatch services
- Tanmiah and NGC will jointly procure vessel cargoes of feed grains and hedge price exposure in international commodity markets, with volumes scaling in phases
- The agreements give Tanmiah a larger grain buffer in the Kingdom, greater visibility on feed costs and stronger supply continuity for its poultry operations
Tanmiah Food Company (TADAWUL: 2281, “Tanmiah”), one of the Kingdom’s leading vertically integrated poultry and food producers, signed two strategic agreements with the National Grain Supply Company (SABIL) and its wholly owned subsidiary, the National Grain Company (NGC), to strengthen the sourcing and in-Kingdom storage of feed grains for its poultry operations.
SABIL is wholly owned by the Saudi Agricultural and Livestock Investment Company (SALIC), a Public Investment Fund (PIF) company. The agreements were announced at the 43rd Saudi Agriculture Exhibition in Riyadh, held under the patronage of His Excellency Eng. Abdulrahman bin Abdulmohsen Al-Fadley, Minister of Environment, Water and Agriculture.
The agreement with SABIL provides a dedicated grain storage facility in Al-Kharj near Tanmiah’s feed milling operations, along with joint quality inspection, inventory management and dispatch services. The facility allows Tanmiah to receive its share of each cargo and draw it down in line with production needs, with full traceability from receipt to dispatch.
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Press Release