Its parent company, the French grain cooperative Axereal, also plans to set up an Antwerp R&D centre for its malt masters.
Antwerp is the ideal port from which to export the commodity shipped in boxed bags or in containerised bulk to South America, Africa and Asia.
Axereal has 10 malt plants in Europe which will shortly have an annual production capacity of 1.3 million tonnes. The new investment will raise the capacity of the Antwerp plant from 360,000 to 470,000 tonnes.
The grain cooperative has chosen Antwerp as the multimodal hub for its European goods flow. The main advantages of Antwerp are the logistics capacity to handle and store the full product range and package it in bags, bulk and containers.
Said Boortmalt CEO Yvan Schaepman: "With this new malt complex Boortmalt will be able to offer its customers unique, innovative, high-quality products and services".
Malt is germinated cereal grains that have been dried in a process known as "malting". The grains are made to germinate by soaking in water, and are then halted from germinating further by drying with hot air.
Malted grain is also used to make malted shakes, malt vinegar, confections such as Maltesers and Whoppers, flavoured drinks such as Horlicks, Ovaltine and Milo, and some baked goods, such as malt loaf, bagels and rich tea biscuits.
Antwerp is the ideal port from which to export the commodity shipped in boxed bags or in containerised bulk to South America, Africa and Asia.
Axereal has 10 malt plants in Europe which will shortly have an annual production capacity of 1.3 million tonnes. The new investment will raise the capacity of the Antwerp plant from 360,000 to 470,000 tonnes.
The grain cooperative has chosen Antwerp as the multimodal hub for its European goods flow. The main advantages of Antwerp are the logistics capacity to handle and store the full product range and package it in bags, bulk and containers.
Said Boortmalt CEO Yvan Schaepman: "With this new malt complex Boortmalt will be able to offer its customers unique, innovative, high-quality products and services".
Malt is germinated cereal grains that have been dried in a process known as "malting". The grains are made to germinate by soaking in water, and are then halted from germinating further by drying with hot air.
Malted grain is also used to make malted shakes, malt vinegar, confections such as Maltesers and Whoppers, flavoured drinks such as Horlicks, Ovaltine and Milo, and some baked goods, such as malt loaf, bagels and rich tea biscuits.