From grain intake to final product flow, every stage of this installation was designed to support continuous operation and consistent output.
The deal also includes the construction of 90,000 tonnes of steel silo storage, supporting integrated grain handling.
Honeywell Flour Mills remained profitable from April to December 2025, but earnings declined compared to the previous year due to lower revenue and higher expenses.
The board noted that while the flour business continues to play a significant role within the group, the timing is appropriate to assess whether alternative structures could unlock greater value.
The MoU aligns with broader industry efforts to localise sourcing and reduce exposure to supply disruptions.