Dekel Agri-Vision PLC Update on cashew project milling equipment
August 26 2020 - 1:00AM
RNS Non-Regulatory
TIDMDKL
Dekel Agri-Vision PLC
26 August 2020
Dekel Agri-Vision Plc / Index: AIM / Epic: DKL / Sector: Food
Producers
Dekel Agri-Vision Plc ('Dekel' or the 'Company')
Update on cashew project milling equipment
Dekel Agri-Vision Plc, the West African focused agriculture
company, is pleased to advise that the first milling equipment
shipment from Italy for the large scale raw cashew nut processing
project at Tiebissou in Côte d'Ivoire has been cleared by customs
and delivered to the project site from the port of Abidjan.
As announced on 8 July 2020, the milling equipment shipment,
which comprises 12 containers of electrical, dryer, steam roasting
and workshop hardware, is the first of four to be despatched from
Italy by the manufacturer, Oltremare Srl. The remaining three
shipments are expected to be shipped and delivered to Côte d'Ivoire
in the coming weeks and months. Further updates will be provided to
the market in due course.
T 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.
** ENDS **
For further information please visit the Company's website at
www.dekelagrivision.com or contact:
Dekel Agri-Vision Plc
Youval Rasin
Shai Kol
Lincoln Moore +44 (0) 207 236 1177
Arden Partners Plc (Nomad and Joint Broker)
Paul Shackleton / Ruari McGirr /
Dan Gee-Summons (Corporate Finance)
Simon Johnson (Corporate Broking) +44 (0) 207 614 5900
Optiva Securities Limited (Joint Broker)
Christian Dennis
Jeremy King +44 (0) 203 137 1903
St Brides Partners Ltd (Investor Relations)
Frank Buhagiar
Cosima Akerman
Megan Dennison +44 (0) 207 236 1177
Notes:
Dekel Agri-Vision Plc is a multi-project, multi-commodity
agriculture company focused on West Africa. It has a portfolio of
projects in Côte d'Ivoire at various stages of development
including a fully operational palm oil project in Ayenouan where
fruit produced by local smallholders is processed at the Company's
60,000tpa crude palm oil mill and a cashew processing project in
Tiebissou, which is due to commence production in Q2 2021.
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END
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