The government has authorized a 10-year permit for environmental release, starting with a trial batch of approximately 80 kilograms of seed from Bayer.
The collaboration has enabled Botselo Mills to supply more than 120 tonnes of maize products.
Mesut Çakmak, Chairman of the Board of TUSAF, said exports fell 22.5% year-on-year to about 2.345 million tonnes, but the industry is aiming to recover.
Building on the experience and success of a decade of wheat processing, Olam Agri is developing a pasta production plant adjacent to its facility in Tema.
Net profit rose 37% toUS$ 62 million while return on equity reached 18%.