To promote green energy, Cargill announced the construction of its 2nd generation Biodiesel Plant from various wastes and residues at its integrated Bioro site in Ghent, Belgium. The new project will cost approximately $150 million to the company.
- The plant will use the latest technology from BDI-BioEnergy International GmbH to process all kinds of liquid waste oils and fats, such as food processing by-products, food industry waste and non-food crops from of low yielding land.
- The new project will also allow Cargill to maintain its position as a European leader in the production of renewable fuels and the development of safe, sustainable and responsible solutions.
The major partnerships and investments by Cargill are featured below:
Sep 2020: To strengthen presence in dynamic chocolate market Cargill announced to invest $21million for a Maison du Chocolat at its Mouscron, in Belgium. The expansion helps to foster better product development and strengthen collaboration with his clients.
Aug 2020: To boost Indian dairy sector, Cargill opened a high-pressure hydrogenation plant in Kurkumbh, Maharashtra, India. The company has invested approximately US$ 15 million for a new bioindustrial plant in Kurkumbh.
June 2020: Cargill in partnership with a local manufacturer in western India, launched its first chocolate manufacturing operation in Asia. The new operation will help to meet consumer demand for chocolate products in the Asian market.
June 2020: Cargill had invested approximately $4 million in its site in Kalmthout (Belgium) to increase its capabilities for producing gourmet chocolate. The investment adds a fifth gourmet production line and new chocolate tanks within the existing facility, providing greater flexibility in production as well as adding 12 new jobs locally.
April 2020: Cargill Central America approved an additional contribution to CARE International of US $150,000 to reinforce the Nourishing the Future project that is being carried out in Guatemala, Honduras, Nicaragua and Costa Rica, in order to help solve the food security needs of some of the communities affected by the COVID-19 pandemic.
December 2019: Cargill expanded its cocoa processing with an investment of $113 million in Yopougon, Ivory Coast, and Tema, Ghana. At Yopougon in Ivory Coast, the company is investing $100 million to increase production capacity by 50% and creating 85 full-time local jobs and hundreds of indirect jobs. And at Tema site in Ghana, Cargill invests $13 million to increase its production capacity by 20%.
Minnesota based Cargill is one of the largest food processing company with approximately 160,000 employees across 70 countries work relentlessly to nourishing the world in a safe, responsible, and sustainable way. The company has more than 150 years of experience with new technologies and dedicated to serving as a trusted partner for food, agriculture, financial, and industrial customers in more than 125 countries of the world. Cargill has helped farmers to grow more along with the community and to connect them to broader markets.
Cargill endlessly develops products as per consumer needs and farmers’ suitability with the help of innovative technologies. The company works in conjunction with farmers, producers, manufacturers, retailers, governments, and other organizations to nourish the world in a safe, responsible, and sustainable way.
Cargill is one of the largest privately-held corporations in the USA, along with Agricultural Supply Chain and food Processing the company also involves in Animal Nutrition, Food Ingredients & Bio-Industrial, Protein & Salt, and Metals & Shipping sector.