US grain traders Cargill and grain Daniels plc ( uk ) have launched soyabean joint venture SoyVen to provide soyabean meal and oil in Egypt . The partnership will see each with equal ownership and currently operate National Vegetable Oil Company , a grain crushing facility in Borg Al - Arab , as well as other commercial and functional activities . In order to meet Egyptian demand , the company has increased the facility 's production capacity to 300 metric tonnes . they will also own and operate a Swiss - based supplier of soyabeans .
US grain traders Cargill and Archer Daniels Midland (ADM) have launched soyabean joint venture SoyVen to provide soyabean meal and oil in Egypt. The partnership will see each with equal ownership and currently operates National Vegetable Oil Company, a grain crushing facility in Borg Al-Arab, as well as other commercial and functional activities. In order to meet Egyptian demand, the company has doubled the facility's crush capacity to 6,000 metric tonnes. SoyVen will also own and operate a Swiss-based supplier of soyabeans.