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ADM, Cargill to launch soybean joint venture in Egypt

Reuters , Monday 26 Feb 2018

Grain traders Archer Daniels Midland Co and Cargill on Monday announced a joint venture that will supply soybean meal and oil for customers in Egypt.
 
The venture, to be launched in mid-2018, will operate a soy crush facility in Borg Al-Arab in Northern Egypt.
 
Cargill is expanding the facility to a daily crush capacity of 6,000 metric tons from 3,000, the companies said.
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