By Josh White
Date: Wednesday 19 Aug 2020
LONDON (ShareCast) - (Sharecast News) - West Africa-focussed agriculture company Dekel Agri-Vision has been advised by the Italy-based manufacturer Oltremare that the second shipment of milling equipment for its large scale cashew processing project at Tiebissou in Côte d'Ivoire has departed Italy, it announced on Wednesday.
The AIM-traded firm said the shipment was expected to arrive at the port of Abidjan in Côte d'Ivoire in about four weeks.
It said the shipment was the second of four due to be dispatched from Italy, and comprised 12 40-foot containers.
The remaining two shipments of milling equipment were expected to be shipped and delivered to Côte d'Ivoire in the coming months.
"The delivery of the milling equipment falls under the turnkey contract signed with UK-based engineering company Overseas Projects and Services - a related entity of Oltremare - for the engineering, manufacture, delivery, installation and commissioning of the project, which is expected to become operational in the second quarter of 2021," the board explained in its statement.
"At this point Tiebissou will become Dekel's second producing project, alongside its established palm oil operation at Ayenouan in Côte d'Ivoire."
At 1427 BST, shares in Dekel Agri-Vision were ip 2.44% at 2.1p.