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Milling & Grains – INVESTMENTS, FUNDING & M&A
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CPF Philippines to lease new US$20M feed mill under construction in Isabela
The Land Bank of the Philippines is extending a US$21.3 million loan to fund the mill’s construction, along with a US$1.77 million credit line for working capital support.
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Sayga Flour Mills commissions 2,000 tons/day mill in Port Sudan
The project, developed in partnership with Swiss technology provider Bühler Group was completed in under eight months.
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Mali launches US$24M plan to scale up rice production, strengthen food sovereignty
Led by the Ministry of Agriculture in partnership with GIZ-Mali, the 10-year strategy targets a production increase from 3 million tonnes to 5.5 million tonnes of paddy rice.
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Bunge exits U.S. corn milling after 45 years with sale to Grain Craft
The transaction includes dry corn milling plants in Crete, Nebraska; Atchison, Kansas; and Danville, Illinois, as well as dry masa production sites in Muleshoe.
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SALIC launches National Grain Supply Company to enhance Saudi food security
SABIL will manage 14 silo branches across the kingdom, including four located in major ports.