Cargill Profile

Friday, March 07, 2008

Cargill Cotton

Cargill Cotton

Cargill buys Clark Cotton Malawi - 29 feb 2008

Cargill Cotton Limited has officially announced the acquisition of Clark Cotton Malawi Limited effective from last year. The development has led to a name change of the firm to Cargill Cotton Limited.

"Cargill is a private owned company based in the United States and they have acquired 100% of Clark Cotton Malawi but this deal was finalised last year and now we are implementing the name change," said the company’s country manager Frans Grey.

Cotton is Malawi’s third biggest export and the company buys and processes it locally before selling it to manufacturers within the country and abroad.
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http://www.cargillcotton.com/

"We are present in every cotton producing and consuming region of the world through our merchandising, ginning and warehousing operations. In Africa, our gins give us access to some of the finest hand-picked cottons in the world and in the United States our warehousing capacity exceeds 500,000 bales, assuring our customers throughout the world of efficient and reliable shipments. And, our merchandising of over 5 million bales annually gains revenues for our company of over one billion US dollars in most years. Cargill Cotton’s reputation for quality, reliability, size and leadership is unrivaled in the world cotton industry."

"Cargill Cotton is very proud to be one of the world’s largest and oldest cotton businesses."

MAIN OFFICES:
USA - Cordova, TN
UK - Liverpool

INTERNATIONAL OFFICES:
Australia - Melbourne
"Cargill established a direct cotton marketing business in Australia in 2000. Cargill Australia serves cotton growers, ginners, buyers and textile mills worldwide. "

Brazil - Rondonopolis MT
China - Shanghai , Beijing
Turkey
South Africa - Johannesburg
Zimbabwe - "Cargill Zimbabwe owns three cotton gins at Tafuna, Chegutu and Gweruwhich and process 30 percent of the country's cotton. This is run under the Cotton business unit. The cotton is exported to South Africa, Europe and the Far East. Cargill Zimbabwe is headquartered in Harare."