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        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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