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Archer Daniels Midland Co and Cargill to Launch Soybean Joint Venture in Egypt
Source: 2/26/2018

Grain traders Archer Daniels Midland Co and Cargill 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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