The facility is expected to play a significant role in increasing the availability of locally milled flour while creating employment opportunities and supporting regional agricultural development.
The projects represent the largest production expansion in its history, creating a fully integrated manufacturing platform capable of serving rapidly growing global demand for high-quality plant-based ingredients.
The dual announcement reflects the company’s commitment to balancing financial discipline with investments in leadership capabilities as it navigates a challenging operating environment.
Higher crop yields from GMOs and precision farming have helped keep South Africa’s food inflation at its lowest level in almost 16 years.
The agreement gives ICRISAT access to gene editing technology that will support faster development of stronger crop varieties for farmers across Asia and Africa.