January 18, 2016

18/01/2016: Oilseed and Grain news

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Image: Flavio~
The global race to capture the US olive oil market
With nearly 10 percent of global olive oil consumption, and domestic production accounting for less than 5 percent of US olive oil demand, the US is a land of opportunity for any olive oil exporter. 
 
COFCO acquires remaining shares of Noble Agri from distressed Noble Group
The Chinese food production giant has acquired an additional 49 percent ownership of Noble Agri from Noble Group for US$750 million in cash.

Syngenta in advanced talks with rivals regarding merger, takeover
Consolidation with the sector and shareholder expectations have put pressure on Syngenta to actively pursue either a merger or takeover.

ADM partnership to establish new ethanol hub in North Carolina
ADM to partner with Kinder Morgan and Bailey Feed Mill on a new North Carolina ethanol hub.

Land O’ Lakes launches feed additives business, PMI Nutritional Additives
Land O’ Lakes has announced the launch of its new feed additives business, PMI Nutritional Additives.
     
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Port of Quequén, Argentina (Image: Esteban Maringolo)
Greenfield grain terminal project in Argentina Secures US$32.5M in financing
The new joint venture, greenfield grain terminal in Quequén is expected to be completed and operational within the first quarter of 2016.
     
Brazilian government gives approval for Marubeni wheat joint venture
Brazil’s anti-trust agency has granted approval for a proposed wheat joint venture between Gavilon and SA Moageira e Agrícola.

European syndicate provides US$49M to Feronia for palm oil operations
Feronia subsidiary, Plantations et Huileries du Congo SA has secured $49 million from a syndicate of European banks to fund the upgrading of its oil palm plantations in the Democratic Republic of Congo.

Events/Training
The 5th Global Feed & Food Congress (GFFC) will bring together the global feed and food chain in Antalya, Turkey, on 18-20 April 2016


3rd Annual Practical Short Course on Fermentation and Separation for the Food & Drug Industries: Principle, Process, Recovery and Product on February 21-25, 2016

Visit the Oilseed and Grain website HERE.
 

The Global Miller
This blog is maintained by The Global Miller staff and is supported by the magazine GFMT
which is published by Perendale Publishers Limited.


For additional daily news from milling around the world: global-milling.com

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