Overall, the announced budget represents a 4% increase compared to the allocation in the 2025 Finance Bill.
The company will be jointly owned by Samcrete Egypt, a leading domestic construction and industrial firm, and Feerum S.A., a Polish manufacturer specializing in grain storage and drying systems
The loan will enable SOGUIPAH to restart palm oil production, resume raw material purchasing, and enhance logistics operations, helping to stabilize the supply chain from farmers to markets.
Symrise aims to produce clean-label ingredients with consistent quality, reduced environmental impact, and enhanced supply chain stability.
The acquisition solidifies Mennel’s standing as a leading flour producer in the US and strengthens its ability to meet growing customer demand across the region.