Boortmalt, a subsidiary of the French group Axéréal, said it will extend its malt factory in Antwerp, Belgium, and invest in a new malt factory in Ethiopia.
The factory in Antwerp will become the world’s largest malt production facility, with a yearly capacity of 470,000 tons.
According to the press release, the new malt factory in Ethiopia will have a total production capacity of 60,000 tons.
It is expected to start operations in 2018.
Boortmalt is currently producing 1.1 million tons of malt in Europe.
