Agthia (AGTH.AD) has signed a 25-year lease agreement for an 85,700 sqm plot of land with Abu Dhabi Ports, to expand its existing Grand Mills Flour and Animal Feed facilities at Zayed Port. The new lease will allow the company to increase its production capacity for flour and feed by more than 60% to 1.5 mn tonnes per year from 930,000 tonnes currently, which is operated at c90% utilisation. When fully developed, the expanded facility will also include bulk grain silos, logistics warehousing and onsite bagging facilities. The company has already began the construction of an additional 50,000-tonne capacity grain silo on Abu Dhabi Ports’ existing plot. (The National)   Agthia Group (AD): AED7.50 as of 29 June 2016, Rating: Buy, FV: AED9.45 per share, MCap: USD1,226 million, AGTHIA UH / AGTH.AD