The decision is part of Paulig’s strategy to sharpen focus on the World Foods and Tex Mex categories that drive the company’s long term growth.
The agribusiness firm reported higher losses despite steady revenue growth during the period.
Industry leaders and investors call for closer work to help new solutions reach the market faster.
The new project follows two previous high-capacity installations, solidifying Imas as a primary technical partner in Iraq’s drive toward agricultural self-sufficiency and industrial modernization.
The company names new leadership as it moves ahead with its global growth plans.