Construction is expected to begin in the coming weeks, with the facility targeted for completion in fall 2028.
A central component of the project is a soybean crushing unit with a processing capacity of 300 tonnes per day.
South Africa’s grain economy is anchored by maize, supported by a structurally constrained wheat sector and a rapidly expanding soybean industry.
The expansion is expected to strengthen the company’s ability to supply customers with food-grade soybeans for products such as plant-based beverages while creating additional market opportunities for growers.
Record soybean production and lower food inflation give South Africa fresh export opportunities as the country works to expand agricultural trade with China.