January 5, 2004



Australian Firms To Build A$8 Million Soy Processing Plant in New South Wales


Australian firms Clover Corporation and Moree Seed Graders has formed a joint venture to build a soy processing plant costing A$8 million in the New South Wales town of Moree.

The plant is scheduled to begin operation by September, 2004.

The joint venture, named Future Food Ingredients, will contract with Clover Corp. subsidiary Nu-Mega Ingredients Pty. Ltd. to market their Processed Soy Matrix worldwide.

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