Mitsui & Co has teamed up with Swiss-based Louis Dreyfus Commodities to build a large canola oil crushing plant in Canada with total investment cost of $120 million. The plant will start operations in the first half of 2009.
Mitsui will invest 3
billion yen ($30 million) in the new firm for a 40% stake, with the rest owned
by the Swiss partner.
2/3 articles remaining | Register to continue reading.