Mitchells has secured the first of what will hopefully be a chain of contacts with Chinese oil and foodstuffs giant COFCO DG.
Mitchells will supply a bucket elevator for a new, multi-billion Yuan industrial park which will include rice, flour and oil processing.
COFCO recently bought a $1.5 billion majority stake in Noble Group’s agribusiness, Noble Grain. This is COFCO’s second acquisition in as many months as it strengthens its global market position. Noble is one of Mitchells’ valued customers and we look forward to continuing this relationship with new stakeholders COFCO.