LDC investing in Chinese soybean crushing sector. In April, we reported on how agribusiness group, Louis Dreyfus Company (LDC), had completed the acquisition of an oilseeds processing facility in Tianjin, China. The deal had been agreed in November 2017 but remained subject to standard conditions.
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In the 2000s, noted the publication, foreign multinational companies controlled 70% of China's crushing industry. In 2007, a new law was enacted to limit foreign companies' operations and control of the crushing industry, in order to support the domestic crushing industry.
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