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Industry Happenings


August 8, 2018


Asia Pacific highlighted in Cargill's 2018 annual report

 

 


In the 2018 fiscal year, the Asia Pacific region contributed to almost a third of Cargill's global sales and other revenues by destination, according to the company's Connect Nourish Grow annual report released August 7.


The region today is home to 37% of Cargill's employees globally. Below are some of the highlights in the Asia Pacific region:


In China, Cargill has joined with New Hope to open a soybean crush complex that serves rapid growth in North China, and are partnering strategically to help the company meet its goals around the country. As New Hope expands to countries like Indonesia, the Philippines and Vietnam, and looks farther afield to Africa, it also is turning to Cargill to keep connected to reliable supply chains and more deeply understand these new locales.

 

In the Philippines, Cargill's newly opened poultry operation - a joint venture with Jollibee Foods - will produce the equivalent of one million meals daily for consumers.

 

More than 475,000 farmers benefited this year from Cargill's training in sustainable agricultural practices. Cargill works directly and with many partners to help farmers at all levels of production to raise their yields and livelihoods. In the Philippines and Indonesia, along with partners BASF, Procter & Gamble, and the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, Cargill is providing training in sustainable agricultural practices to enable coconut farmers to gain Rainforest Alliance certification for their products. The goal is to increase farmers' incomes and economic self-sufficiency by boosting their farms' productivity.

 

The digital 2018 annual report is available online at https://www.cargill.com/annual-report/

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