Cargill increasing oilseed crushing capacities in China

03.07.2017

America’s Cargill, in cooperation with China’s New Hope Group and Hebei Bohai Investment Group, launched a USD 100 Ml-worth oilseed crushing plant with an annual processing capacity of 1.32 MMT in the Chinese province of Hebei. The plant is purposed to meet the growing demand for high-quality foods in North China and stimulate the local economy’s development, reports UkrAgroConsult.

Roughly 21,000 sq. m was provided to the plant of Hebei Jiahao Grain & Oil Co Ltd in the largest national economic development zone on the north-eastern coast of China. The facility will produce vegoils and animal feeds to be sold in the north of the country. Shipments to foreign markets are possible, too.

Cargill already has three oilseed crushing plants in South China. Thus, Hebei Jiahao Grain & Oil Co Ltd will become the first large plant in the north of the country.

Further prospects of the world oilseeds/vegoils market will be discussed at the V International Conference “Black Sea Oil Trade”, which will take place on September 19, 2017 in Hilton hotel, Kiev, Ukraine.

Annual International Conference “Black Sea Oil Trade” – is an effective platform, providing oilseed industry operators with vast networking opportunities, exclusive analytics of Ukrainian and Black Sea agri market, insights for development of the long term business strategies.

Conference participants are represented by producers and crushers of oilseeds, traders, enterprises for deep processing of vegetable oils, agriholdings, investment companies, banks, legal, shipping, brokerage, insurance, surveyor companies etc.

Early Bird registration rate is available! Market operators from 10 countries have already registered to take part. 

Follow the updates, Agenda and Speakers at the conference website.

 

UkrAgroConsult

 

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