Business
Update on cashew project in Côte d'Ivoire
Update on cashew project in Côte d'Ivoire.
About this update from Dekel Agri-vision Plc
[{"type":"text","content":"\n \n \n RNS Number : 8804S\n Dekel Agri-Vision PLC\n 14 July 2020\n \n \n \n \n \n \n \n Dekel Agri-Vision Plc / Index: AIM / Epic: DKL / Sector: Food Producers\n \n \n \n \n \n Dekel Agri-Vision Plc ('Dekel' or the 'Company')\n \n \n Update on cashew project in Côte d'Ivoire \n \n \n \n \n \n Dekel Agri-Vision Plc, the West African focused agriculture company, is pleased to advise that the infrastructure equipment required for the construction of the large scale raw cashew nut ('RCN') processing project at Tiebissou in Côte d'Ivoire has been cleared by customs and delivered to the project site from the port of Abidjan. \n \n \n \n \n \n Installation of the equipment is due to commence shortly. In tandem with this, the next phase in the development will involve the construction of a 10,000tpa mill which will process RCNs grown by local smallholders in the region. As announced on 8 July 2020, the first shipment of milling equipment is currently being transported from Italy and is expected to arrive at the port of Abidjan in Côte d'Ivoire in the next few weeks. The remaining three shipments of milling equipment are expected to be delivered to Côte d'Ivoire in the coming months. The Company will provide further updates on progress made.\n \n \n \n \n \n T\n he mill remains on course to be commissioned in Q2 2021, at which point Tiebissou will become Dekel's second producing project, alongside its established palm oil operation in Ayenouan, Côte d'Ivoire. \n \n \n \n \n \n ** ENDS **\n \n \n \n \n \n For further information please visit the Company's website at www.dekelagrivision.com or contact:\n \n \n \n \n \n \n \n \n \n \n \n Dekel Agri-Vision Plc \n \n \n Youval Rasin\n \n \n Shai Kol\n \n \n Lincoln Moore \n \n \n \n \n \n \n \n +44 (0) 207 236 1177\n \n \n \n \n \n \n Arden Partners Plc (Nomad and Joint Broker)\n \n \n Paul Shackleton / Ruari McGirr /\n \n \n Dan Gee-Summons (Corporate Finance)\n \n \n Simon Johnson (Corporate Broking)\n \n \n \n \n \n \n \n +44 (0) 207 614 5900\n \n \n \n \n \n \n Optiva Securities Limited (Joint Broker)\n \n \n Christian Dennis\n \n \n Jeremy King\n \n \n \n \n \n \n \n +44 (0) 203 137 1903\n \n \n \n \n \n \n St Brides Partners Ltd (Investor Relations)\n \n \n Frank Buhagiar\n \n ...