U.S. company Cargill eyes China's agriculture market

Source: Xinhua| 2019-08-03 11:51:51|Editor: Shi Yinglun
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BEIJING, Aug. 3 (Xinhua) -- U.S.-based agriculture and food company Cargill has renewed its commitment in sustainable agriculture in China, the company said in its annual report.

The company expects to expand the production capacity of its corn processing facility in the city of Songyuan in northeast China's Jilin Province to 2 million tonnes per year by 2020, following a 112-million-U.S. dollar investment in April, according to Cargill.

Cargill's other agricultural investment projects in China since the beginning of 2019 include a 48.8-million-U.S. dollar new plant in Chuzhou City of east China's Anhui Province to rev up protein production, and a 40-million-U.S. dollar animal nutrition plant in east China's Jiangxi Province.

To help support the development of the corn processing and food ingredients industries, the company has set up a food safety and technology center in Songyuan focusing on testing, research and training in the area of food safety.

Entering the Chinese market in the 1970s, Cargill now has more than 10,000 employees in the Chinese mainland.