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Dekel Agri-Vision Plc confirmed on 24 August 2023 that its large-scale cashew processing plant at Tiebissou, Côte d'Ivoire, passed the BRC Global Food standard assessment. The assessment resulted in a grade A, the highest possible accreditation, completing all related international food and safety accreditations for the Cashew Operation. The Company also reported daily production volumes continue to gradually improve compared to Q2 2023.
| Date | 24 Aug 2023 |
| Time | 07:00:01 |
| Category | Corporate updates |
| ID | 2538K |
This announcement contains inside information for the purposes of Article 7 of the UK version of Regulation (EU) No 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended ("MAR"). Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.
Dekel Agri-Vision Plc / Index: AIM / Epic: DKL / Sector: Food Producers
Dekel Agri-Vision Plc
('Dekel' or the 'Company')
Cashew Operation Update - Global Food Certification Received
Dekel Agri-Vision Plc (AIM: DKL), the West African agriculture company focused on building a portfolio of sustainable and diversified projects, is pleased to confirm it has passed the BRC Global Food standard assessment ('BRC') at our large-scale cashew processing plant at Tiebissou, Côte d'Ivoire (the 'Cashew Operation').
Key Highlights
· The BRC assessment was passed with a grade A, the highest possible grade accreditation.
· The Cashew Operation has now passed all related international food and safety accreditations.
· Whilst the Company has already commenced sales in the US and Europe, the BRC accreditation is important when trading with blue chip cashew buyers and a key part of our strategy to achieve premium prices in the near future.
· The Cashew Operation daily production volumes continue to gradually improve compared to Q2 2023 and a further update will be provided on Q3 2023 operations during October 2023.
Lincoln Moore, Dekel's Executive Director, said: "Completing all food and safety accreditation with the highest possible grade is a key milestone and is a testament to the quality of our Cashew Operation and management team. We now focus on becoming a consistent high quality producer of Cashews for our growing list of customers as we seek to maximise prices for our high quality cashew products."
** ENDS **
For further information, please visit the Company's website www.dekelagrivision.com or contact:
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Dekel Agri-Vision Plc Youval Rasin Shai Kol Lincoln Moore
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+44 (0) 207 236 1177 |
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WH Ireland Ltd (Nomad and Joint Broker) James Joyce Darshan Patel
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+44 (0) 20 7220 1666 |
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Optiva Securities Limited (Joint Broker) Christian Dennis Daniel Ingram
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+44 (0) 203 137 1903 |
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: a fully operational palm oil project in Ayenouan where fruit produced by local smallholders is processed at the Company's 60,000tpa capacity crude palm oil mill and a cashew processing project in Tiebissou, which is currently transitioning to full commercial production in 2023.