ADM, Cargill to form soybean joint venture in Egypt

ADM, Cargill to form soybean joint venture in Egypt

US food processing company Archer Daniels Midland (ADM) will form a joint venture with agrifood company Cargill, which will manufacture soybean meal and soybean oil in Egypt. The ADM Cargill joint venture will own and operate Cargill’s majority owned National Vegetable Oil Company soy crush plant in Borg Al-Arab and associated commercial and functional activities. […]