Article: COFCO to join in gasohol business.(China National Cereals, Oils and Foodstuffs Import and Export Corp.)

China Resources Enterprise, Ltd. recently signed an agreement with COFCO Bio-Chemical Investment Corp., the whole subsidiary of China National Cereals, Oils & Foodstuffs Corp. (COFCO) to sell its 37.03% equity in China Resources (Jilin) Bio-Chemical Co., Ltd. (SH: 600893). The acquisition report released that COFCO will furthermore develop the corn further processing industry on the base of the current core business of China Resources (Jilin) BioChemical. After completing acquisition, China Resources (Jilin) Bio-Chemical has owned two subsidiaries-Huanglong Foodstuffs Industry Company Ltd. and Cerestar China Resources Maize Industry Company Ltd. with a total maize ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!