World Grain - May 2018 - 17
LDC acquires oilseed processing facility in China
BEIJING, CHINA - LDC (China) Trading Co., Ltd. completed the
acquisition of Sinarmas Natural Resources Foodstuff Technology
(Tianjin) Co., Ltd., which owns and operates oilseed crushing and
UH¿QLQJ IDFLOLWLHV LQ WKH /LQJDQJ (FRQRPLF $UHD ZLWKLQ 7LDQMLQ¶V
Binghai New Area district.
The facility has a daily soybean crushing capacity of 4,000 tonnes
for the production of soybean meal and crude soybean oil, and a daily
as well as storage facilities.
³&KLQD LV D YLWDO PDUNHW IRU JOREDO DJULFXOWXUDO WUDGH DQG LQWHJUDOWR/'&¶VORQJWHUPJURZWKDPELWLRQV´VDLG*RQ]DOR5DPtUH]
DFTXLVLWLRQ LV D SRVLWLYH UHVSRQVH WR WKH &KLQHVH JRYHUQPHQW¶V HQcouragement for more foreign direct investment in the agricultural
processing sector, and fully aligned with our corporate strategy of
&KLQD¶V G\QDPLF DJULFXOWXUDO SURFHVVLQJ VHFWRU 7KH FRPSDQ\ LV D
supplier of soybeans to the domestic crush industry, and currently
operates three soybean crushing facilities in Hebei, Jiangsu and
Guangdong provinces, supplying soybean meal to major and local
feed mill groups that produce animal feed, as well as edible oils for
The Andersons completes sale of elevators to Tyson
0$80(( 2+,2 86 ² 7KH$QGHUVRQV ,QF RQ$SULO ¿QDOL]HGWKHVDOHRILWVJUDLQHOHYDWRUVLQ+XPEROGW.HQWRQDQG'\HU
Tennessee, U.S., to Local Grain Services, a subsidiary of Tyson
Foods, Inc. Financial terms of the transaction were not disclosed.
7KH WUDQVDFWLRQ ZDV ¿UVW DQQRXQFHG LQ PLG)HEUXDU\ DW ZKLFK
point Tyson Foods said the grain elevators in Dyer, Humboldt and
the company is building in Humboldt.
No disruption to existing contracts with area farmers is expected.
for the company. LGS buys corn, wheat and soybeans directly from
local farmers, which in turn promotes local economies and is part of
Following the sale of the three grain elevators The Andersons said
it is evaluating options for three other facilities, located in Trenton,
Como and Union City, Tennessee, U.S.
Bizkaia, Spain . Telf: +34 946 400 983 / email@example.com
www.World-Grain.com / World Grain / May 2018