Miller Magazine Issue: 151 July 2022
50 MILLER / JULY 2022 NEWS The Georgian government announced a ban on the ex- port of wheat and barley for one year, starting July 4, 2022. Georgian Prime Minister Irakli Garibashvili signed a decree on 28th June which bans the export of wheat and barley until July 1, 2023. In a statement on the Agriculture Ministry’s website, Agri- culture Minister Otar Shamugia stressed the importance of making locally produced wheat and barley available on the domestic market due to the supply complications in the Black Sea region caused by the war in Ukraine. Georgia could not facilitate exports due to its small domestic production, said Shamugia. Georgia annually imports around 500,000 tons of wheat, while locally produced barley is exported to Iraq and Iran, according to Shamugia. Georgia bans exports of wheat for one year EUROGERM is strengthening its presence in North America with the creation of EUROGERM KB LLC, a merger of EU- ROGERM USA and KB INGREDIENTS, a specialist in the manufacture, packaging and distribution of food ingredients. With the merger, the EUROGERM group is acquiring strategic assets for its development in the United States, Canada and the Caribbean. The complementary assets and combined expertise between the two companies, spe- cializing in bakery ingredients, will make it possible to sup- port current and future North American customers with opti- mal efficiency and responsive- ness. Located in New Jersey, with direct access to the East Coast, KB INGREDIENTS pro- duction and packaging plant will increase EUROGERM's production and distribution ca- pacities in North America. EUROGERM USA, for its part, will provide access to the group's various elements of exper- tise: CSR, R&D, global sourcing, training, regulatory compli- ance, sensory evaluation. The creation of EUROGERM KB LLC offers customers and vendors in the North American market the opportunity to work with an innovative and agile partner while benefiting from the support of an international group. The pooling of resources and particularly the supply of raw materials will generate strong purchasing synergies, a major advantage during this period of inflation. United around common val- ues -integrity, respect, com- mitment and passion for suc- cess- EUROGERM USA and KB INGREDIENTS will share within EUROGERM KB LLC the same ambition in the service of their customers: Feeding a better future! "We are very pleased with this merger between our two companies. EUROGERM KB LLC will allow us to strength- en the proximity with our customers, to develop and offer new expertise, particularly in the field of pastry," says Jean- François Honoré, President of the EUROGERM Group. EUROGERM strengthens its presence in North America
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