The acquisition will be financed through a mix of cash and debt and is expected to be accretive to adjusted earnings per share within the first year.
This collaboration represents a strategic step in demonstrating how CO2-derived formates can emerge as cost-competitive, next-generation C1 platform chemical.
The new mill marks the second major investment in Aruana’s milling capacity.
Standing 49 meters tall and engineered to handle 1,500 tons of wheat per hour.
The system is compatible with both solids-containing and non-solids formulations, making it versatile for a wide range of bakery applications.