Assari steps into the role during a pivotal period for the company, marked by a strategic initiatives aimed at enhancing its operations and financial position.
The mill features six advanced production lines, all sourced from the renowned Swiss manufacturer Bühler.
The ICP issuance was met with robust market interest and was oversubscribed by 1.4 times, a clear indication of investor confidence.
While this marks a slight recovery from the 2.46 million tonnes harvested in 2024-25, the USDA reports that it remains significantly below the 4.15 million tonnes produced in 2023-24.
According to FAO, this stability was largely driven by opposing trends in key commodity categories: falling prices for cereals and sugar offset a notable rise in vegetable oil prices.