Cargill has announced that it will invest US $112 million to expand the capacity of its corn processing facility in Songyuan of Jilin province.
This is part of its joint initiative with Songyuan government to build the Sino-US Cargill Biotech Industrial Park, featuring the Cargill Food Safety and Technology Center. Cargill will continue to invest in the park in the coming years. The move is expected to help boost local economy and strengthens local corn processing industry.
'Cargill has made significant investments in Songyuan, which is welcomed by us,' said Mr Wang Zilian, mayor of Songyuan Municipal Government. 'I believe the new investment and projects will help boost the prosperity of local farmers and also benefit the growth of local corn processing industry.'
The park, which occupies 3.71 million square meters, is designed to facilitate both corn processing and trading, with a processing capability of up to two million tons per year by 2020. Future warehouses will be built for commodities such as corn and starches.
As one of the most important facilities in the park, the Cargill Food Safety and Technology Centre will focus on testing, research and training in the area of food safety, as well as process improvement and product development for the corn processing and food ingredients industries.
'China is a crucial market with amazing vitality. We will continue to work as partners with China to build sustainable agriculture and invest in rural areas,' said Dave MacLennan, Cargill chairman and CEO at the foundation laying ceremony for Cargill Food Safety and Technology Centre.
Read the full article on the Milling and Grain website, HERE.
This is part of its joint initiative with Songyuan government to build the Sino-US Cargill Biotech Industrial Park, featuring the Cargill Food Safety and Technology Center. Cargill will continue to invest in the park in the coming years. The move is expected to help boost local economy and strengthens local corn processing industry.
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| Panorama of the Sino-US Cargill Biotech Industrial Park Image credit: Cargill |
The park, which occupies 3.71 million square meters, is designed to facilitate both corn processing and trading, with a processing capability of up to two million tons per year by 2020. Future warehouses will be built for commodities such as corn and starches.
As one of the most important facilities in the park, the Cargill Food Safety and Technology Centre will focus on testing, research and training in the area of food safety, as well as process improvement and product development for the corn processing and food ingredients industries.
'China is a crucial market with amazing vitality. We will continue to work as partners with China to build sustainable agriculture and invest in rural areas,' said Dave MacLennan, Cargill chairman and CEO at the foundation laying ceremony for Cargill Food Safety and Technology Centre.
Read the full article on the Milling and Grain website, HERE.
The Global Miller
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