Gulf Oil and Gas accountACCOUNT

CGI to Enter Crushing and Refining Business of High-Value Added Edible Oil

Source: www.gulfoilandgas.com 12/26/2016, Location: North America

Share |
Columbia Grain Inc. (“CGI”), a 100% owned subsidiary of Marubeni Corporation (“Marubeni”), is pleased to announce that it has entered into a LLC membership purchase and sale agreement for purchasing a portion of ownership interest of Montana Specialty Mills, LLC (“MSM”), headquartered in Great Falls, Montana. With this investment, CGI will enter the crushing and refining business of high-value added edible oil, such as organic and non-GMO canola oil.

Over many years, MSM has been originating canola, mustard seeds, and other agricultural products from farmers in Montana, and producing organic edible oils and mustard products which it sells across the United States. MSM will increase its production capacity by constructing a new state-of-the-art oilseed crushing facility in Great Falls, Montana in 2017 to meet the rapidly expanding demand for organic and non-GMO food products in the United States. The facility will have a crushing capacity of 182 tons per day and a refining capacity of 60 tons per day.

The origination and storage capabilities of CGI will enable MSM to secure a stable supply of canola and other crops. Simultaneously, CGI can utilize its grain elevators more efficiently, which will generate synergies between CGI and MSM.

Through this new alliance, CGI and MSM aim to supply safe high-value added edible oil in the U.S. market and expand their business domains.

Oil Treating & Refining News in United States >>

Malaysia >>  2/24/2017 - Malaysia's state-owned oil firm Petroliam Nasional Bhd (Petronas) and Saudi Aramco IPO-ARMO.SE will sign an agreement during a visit by Saudi Arabia's...
Iraq >>  2/23/2017 - The ministry of oil would like to announce for the offering of a new investment refinery in Basra province – Faw city with a capability of 300 thousan...

Iran >>  2/17/2017 - Iranian Minister of Petroleum Bijan Zangeneh says Irans hydrocarbon refining capacity will cross 3 million barrels per day by the end of the 6th five-...
Singapore >>  2/16/2017 - ExxonMobil announced today the expansion of its Singapore refinery to support the production of the company’s EHC™ Group II base stocks, which will st...

United States >>  2/15/2017 - US gasoline demand stood at around 9.0 mb/d in December, approximately 110 tb/d lower than in the previous month and 170 tb/d lower than in the same m...
Thailand >>  2/14/2017 - Thailand's largest oil refiner Thai Oil said on Tuesday it aims to run its refinery at 100-103 percent of its 275,000 barrel-per-day (bpd) capacity in...

Related Categories: Agents, Anti-foaming  Aromatic Solvents  Butene  Cleaning  Corrosion Inhibiting  Crude Oil  Diesel Fuel  Ethylene  Fluids Drilling, Completion, Workover & Stimulation  Fluids/Chemicals  Fracturing Sand  Fuel oil  Gasoline (Lead free)  General  Grout  Jet fuel  Kerosene. Domestic use  Lubricants, Oils & Greases  Nitrogen  Oil Treating & Refining  Polyethylene  Polyvinyl chloride  Propane  Sand, Sandblast  Summer Diesel  Surfactants 

Related Articles: Aromatic Solvents  Butene  Cleaning  Corrosion Inhibiting  Crude Oil  Diesel Fuel  Ethylene  Fluids Drilling, Completion, Workover & Stimulation  Fluids/Chemicals  Fracturing Sand  Fuel oil  Gasoline (Lead free)  General  Jet fuel  Kerosene. Domestic use  Lubricants, Oils & Greases  Nitrogen  Oil Treating & Refining  Polyethylene  Polyvinyl chloride  Propane  Sand, Sandblast  Surfactants 


United States Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 | 50 | 51 | 52 | 53 | 54 | 55 | 56 | 57 | 58 | 59 |

More News

 

Oil & Gas Companies in United States >>


Related Links

Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Privacy Policy.