BIZCHINA / Overseas Investment
Cargill invests US$60m in soybean-crushing plant
(China Daily)
Updated: 2006-06-22 15:08
Cargill Inc, the largest US agricultural company, has invested about
US$60 million in a soybean-crushing plant in China, the world's
fastest-growing market for animal feed and vegetable oil.
The new plant, located in the port city of Nantong, can process 5,000
tons of soybeans a day, Cargill said in a statement on its website.
(For more biz stories, please visit Industry Updates)
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