ABP opens Ipswich blending plant for COFCO

Suffolk-based arable marketing business COFCO International has officially opened a new fertiliser blending and bagging plant at the Port of Ipswich, which is owned by Associated British Ports (ABP). COFCO says the £700,000 plant, located at the port’s Coldock Bulk...

ADM sets its cap at Bunge

The world’s financial press is reporting that Archer Daniels Midland (ADM) has approached Bunge to discuss a potential takeover, but neither company is commenting on the proposal. The Financial Times, Reuters and Bloomberg all reported over the weekend that ADM is...

Syngenta buys Nidera Seed from COFCO

COFCO International, the Chinese state-owned global grain trading business that acquired Nidera in February this year, has agreed to sell its Nidera Seeds business to Syngenta, subject to regulatory clearances. Financial terms have not been revealed. Nidera Seeds is...

COFCO completes Nidera purchase

COFCO International, the Hong Kong-based multinational grain procurement, trading and processing business, will own 100% of Nidera from the end of February. This follows regulatory approvals for its purchase of a 10% minority stake in Nidera Capital from the Dutch...