Brief: Ricebran Technologies Enters Supply Agreement With Golden Ridge Rice Mills
09/07/2018 13:39
July 9 (Reuters) - RiceBran Technologies RIBT.O :
* RICEBRAN TECHNOLOGIES ENTERS INTO SUPPLY AGREEMENT WITH
GOLDEN
RIDGE RICE MILLS
* RICEBRAN TECHNOLOGIES - NEW 3 YEAR SUPPLY AGREEMENT CALLS
FOR
GOLDEN RIDGE TO SUPPLY CO WITH AT LEAST 9.6 MILLION POUNDS OF
SRB ANNUALLY
* RICEBRAN TECHNOLOGIES - BRAN SUPPLY DISRUPTION AT
LOUISIANA
FACILITY WILL LIKELY CAUSE RBT'S SALES TO FALL 4-6% IN Q2
* RICEBRAN TECHNOLOGIES - SRB SUPPLY ISSUES TO PERSIST
THROUGH AT
LEAST PART OF JULY UNTIL PRODUCTION BEGINS AT GOLDEN RIDGE &
RESUMES IN LOUISIANA
* RICEBRAN TECHNOLOGIES - RBT'S LOSSES IN 2Q WILL WORSEN
FROM 1Q
LEVELS
Source text for Eikon: ID:nPn1jNB0Ba
Further company coverage: RIBT.O
((Reuters.Briefs@thomsonreuters.com;))
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