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Fourth Malt Factory Takes Root

March 16 , 2019

The Soufflet Group, a French family-owned business that collects and adds value to agricultural raw materials, is going to build its fourth malt factory for 70 million euros. The plant, to be built in Bole Lemi Industrial Park, will rest on 10ha and will be operational in 2020, having a production capacity of 60,000tn of malt a year. It also plans to push the production capacity to 110,000tn. The plant, whose cornerstone was laid last week, is also expected to offer jobs to 300 people. Currently, the country imports 70pc of its malt to satisfy demand, while Gonder and Assela malt factories cover the balance.


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