Saudi Arabia’s SALIC plans to acquire a Black Sea grain terminal
Saudi Arabia’s SALIC is conducting due diligence on several projects in the Black Sea region and is looking to acquire a grain terminal there, its managing director told Reuters. SALIC, the Saudi Agricultural and Livestock Investment Co, was formed in 2011 to secure food supplies for the desert kingdom, the world’s top oil exporter, through mass production and foreign investments.
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Mills are becoming autonomous
The principle and processes of the “mill of the future” are not clearly distinct from those used in mills today. But they do take up less space, are more energy efficient and operate increasingly more autonomously.
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Climate change may devastate up to 60% of the world’s wheat fields
The frequency and intensity of severe droughts that negatively affect rain-fed crops like wheat, is expected to increase due to global warming.
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