Pasta Polana sales pushes Namib Mills to invest

Pasta Polana sales pushes Namib Mills to invest

Namib Mills has announced plans to buy in a new Bühler wheat mill, estimated to cost N$105 million.

The development comes at the backdrop of substantially grown pasta sales, experienced in Namib Mills’ export markets – South Africa and Zambia following Infant Industry Protection granted to the industry in Namibia in 2001.

According to the company, the mill will help to grow Namibia’s Gross Domestic Product (GDP), earn foreign exchange through exports and ensure jobs security for current Namib Mills employees.

In addition, the new mill is to assist the company expand its footprint into neighbouring countries and add value towards the Vision 2030 of transforming Namibia into a food-secure nation and promoting competitiveness in the export sector.

Namib Mills has been in operations for more than 35 years. Namib Mills began to export Pasta Polana in 2013 with a mere 7 tons a month, which has now grown to more than 700 tons a month over the past three years.

The commissioning of the mill is slated to take place by 2018.  Apart from exporting to South Africa and Zambia, Namib Mills is targeting to exports to other SADC countries and embed Pasta Polana as a regional brand.

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INTERNATIONAL FERTILIZER SHOW-FSHOW

Date: 09-Mar-16 to 11-Mar-16 Location: Shanghai New International Expo Centre (SNIEC) / Shanghai / China Category: Agriculture, Farming & Forestry Chemicals Conferences & Trade Fairs China International Agrochemical and Crop