Oilseeds in France
Cargill has opened a new rapeseed plant in Montoir, in western France, 5km from Cargill’s sunflower plant in Saint Nazaire. The plant will process up to 600,000 metric tones of rapeseed a year – most of which will be sourced locally. The output of Montoir will be 250,000 metric tones of rapeseed oil per year and 350,000 metric tonnes of protein-rich animal feed. Twenty-five per cent of the oil is be destined for food use, and the vast majority of this will be used for French food production
For Cargill, it represents an almost 50 per cent increase in its French oilseed capacity which previously stood at 1250,000 tonnes of rapeseed, soya and sunflower combined.
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Cargill’s partner in the enterprise is Sofiprotéol, a financial holding company that exists to boost oilseed production in France. Cargill owns a 75 per cent of the new plant and Sofiprotéol 25 per cent, but as the major shareholder in the Montoir facility Cargill will take on managerial and operational responsibilities.
The non-food 75% of the rapeseed oil produced will be channeled directly to the Diester Atlantique esther plant next door, which is a subsidiary of Sofiprotéol and in which Cargill also has a minority share..
Cargill’s new plant is its third significant grain and oilseed location in France. Its facility in Brest works largely with soy, and that in Saint Nazaire, mainly with sunflower (it is said to crush about half of all the sunflowers crushed in France) - foodproductiondaily.com, 19/9/08
Sugarcane milling in Brazil
Cargill has partnered with Moema sugarcane agribusiness group in the Bom Jardim sugarcane mill, to be built at Itapagipe, Minas Gerais with investments of $370Rmil in the milling facility and other $130Rmil in plantations. Bom Jardim, owned on a 50/50 basis, is to process 2mil m tons of sugarcane per harvest, a capacity that can be easily doubled in the future. It would manufacture ethanol and also engage in co-generating of electric power.
Cargill is reportedly interested to buy stakes in other sugarcane mills from Moema,. Cargill’s onslaught in the sugar & ethanol agribusiness began in 2006, with the acquisitions of stakes in the plants Cevasa (63%) at Patrocinio Paulista (Sao Paulo), and Itapagipe (43,75) at Minas Gerais. – Valor Economico, 20/8/08
Palm oil in Malaysia
Cargill has commenced operations at its South East Asia Food Application Centre, in Kuala Lumpur. The new facility, which brings Cargill's refining, texturising and flavourings businesses, for all product categories, under one roof, is the company's third Malaysian plant.
Cargill already owns two Malaysian palm oil refineries, in Kuantan and Port Klang. While palm oil remains Cargill's core business in the market, Cargill has already set aside $1.5m to develop a shrimp hatchery in Pahang, its first ever aquaculture venture.
Malaysia is responsible for around 50% of global palm oil production and 60% of global exports.
– www.world-grain.com , 1/10/08
Cargill has opened a new rapeseed plant in Montoir, in western France, 5km from Cargill’s sunflower plant in Saint Nazaire. The plant will process up to 600,000 metric tones of rapeseed a year – most of which will be sourced locally. The output of Montoir will be 250,000 metric tones of rapeseed oil per year and 350,000 metric tonnes of protein-rich animal feed. Twenty-five per cent of the oil is be destined for food use, and the vast majority of this will be used for French food production
For Cargill, it represents an almost 50 per cent increase in its French oilseed capacity which previously stood at 1250,000 tonnes of rapeseed, soya and sunflower combined.
.
Cargill’s partner in the enterprise is Sofiprotéol, a financial holding company that exists to boost oilseed production in France. Cargill owns a 75 per cent of the new plant and Sofiprotéol 25 per cent, but as the major shareholder in the Montoir facility Cargill will take on managerial and operational responsibilities.
The non-food 75% of the rapeseed oil produced will be channeled directly to the Diester Atlantique esther plant next door, which is a subsidiary of Sofiprotéol and in which Cargill also has a minority share..
Cargill’s new plant is its third significant grain and oilseed location in France. Its facility in Brest works largely with soy, and that in Saint Nazaire, mainly with sunflower (it is said to crush about half of all the sunflowers crushed in France) - foodproductiondaily.com, 19/9/08
Sugarcane milling in Brazil
Cargill has partnered with Moema sugarcane agribusiness group in the Bom Jardim sugarcane mill, to be built at Itapagipe, Minas Gerais with investments of $370Rmil in the milling facility and other $130Rmil in plantations. Bom Jardim, owned on a 50/50 basis, is to process 2mil m tons of sugarcane per harvest, a capacity that can be easily doubled in the future. It would manufacture ethanol and also engage in co-generating of electric power.
Cargill is reportedly interested to buy stakes in other sugarcane mills from Moema,. Cargill’s onslaught in the sugar & ethanol agribusiness began in 2006, with the acquisitions of stakes in the plants Cevasa (63%) at Patrocinio Paulista (Sao Paulo), and Itapagipe (43,75) at Minas Gerais. – Valor Economico, 20/8/08
Palm oil in Malaysia
Cargill has commenced operations at its South East Asia Food Application Centre, in Kuala Lumpur. The new facility, which brings Cargill's refining, texturising and flavourings businesses, for all product categories, under one roof, is the company's third Malaysian plant.
Cargill already owns two Malaysian palm oil refineries, in Kuantan and Port Klang. While palm oil remains Cargill's core business in the market, Cargill has already set aside $1.5m to develop a shrimp hatchery in Pahang, its first ever aquaculture venture.
Malaysia is responsible for around 50% of global palm oil production and 60% of global exports.
– www.world-grain.com , 1/10/08
posted by Cargill Profile at
9:41 AM
