The agreements are aimed at tapping into the latest wheat-based monosodium glutamate (MSG) production and management technology and establishment of the first of four wheat based food ingredient and ethanol production plants in Australia, with the first plant at Tamworth in the next three years.
Executive director of OGL, Mathew Kelley said the plant in Tamworth “has the potential to become a key infrastructure asset for the local and global food community.”
Construction for the $300 million plant will begin once the necessary approvals have been secured, which is anticipated to be in the second quarter of 2015 and expected to take between 12 and 18 months.