Bunge to Acquire Majority Interest in Tianjin, China, Soybean Processing Plant

From a Bunge press release Friday afternoon:

Bunge Limited announced the establishment of a joint venture to operate a soybean processing plant in Tianjin, China, with Chia Tai (Tianjin), part of the Thailand-based Charoen Pokphand Group. Bunge will hold a majority interest in the venture and will manage operations at the plant, its third in China. Located near a modern port, the plant will supply the fast-growing livestock and feed industries and the large consumer market in the greater Beijing area.

Click here to read the full release.

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