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 >>

Russia >>  1/19/2017 - Gazprom Neft’s Moscow Refinery refined a total 10.7 million tonnes of oil in 2016, with production of light oil products increasing to 58.1 percent (a...
Austria >>  1/18/2017 - Product markets showed a mixed performance in the Atlantic Basin during December. US refinery margins were supported by the recovery seen in US gasoli...

Russia >>  1/11/2017 - Russia's Tuapse oil refinery, which is owned by Rosneft, has yet to restart its sole primary processing CDU-12 unit after a pump was damaged by a fire...
Argentina >>  1/9/2017 - The construction and start-up project led by AESA included detailed engineering, logistics and provision of supplies, equipment manufacturing, electro...

Germany >>  12/29/2016 - Russia's largest oil producer and its shareholder BP have completed dissolution of Ruhr Oel, their refining joint venture in Germany, Rosneft said on ...
Venezuela >>  12/29/2016 - A consortium formed by France's Technip and Venezuela's Tecnoconsult and Y&V Group was picked to refurbish Aruba's 225,000-barrel-per day refinery, th...

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.