France’s Axereal to build Ethiopia factory and boost malt processing

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French grain co-operative group Axereal is to build a malt processing factory in Ethiopia and expand capacity at its export hub in Belgium as it seeks to tap into rising demand for beer in emerging market countries.
Axereal is one of France’s biggest grain handlers and its Boortmalt division is also one of the world’s largest malt makers, behind fellow French groups Soufflet and Vivescia.
In Ethiopia, Boortmalt will develop a malt processing site with an annual capacity of 60,000 tonnes, with the aim of starting production by the end of 2018, Axereal said on Tuesday. “The market for beer is growing in emerging countries, and in Africa in particular,” it said in a statement.
Find the whole story at the Reuters.

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