FARM BUSINESS NEWS
Ukraine Cargill Plant Seized
Fri Jul 11, 2014 11:17 AM CDT

(Dow Jones) -- Cargill Inc. said its sunflower-seed processing plant in eastern Ukraine has been seized by "armed individuals" amid escalating violence.

The agribusiness conglomerate halted operations at the plant on July 4 due to increasing tension in the area. No Cargill employees are present at the facility, which produces sunflower oil and meal, according to a Cargill spokeswoman.

"The plant has subsequently been occupied by a small number of armed individuals whose intentions are not clear to us," she wrote in an emailed statement. Cargill "cannot predict" when the plant may reopen, she said.

Bloomberg News earlier reported the ...

Quick View
Related News Stories
Abengoa's Hand May Be Forced
Investors Still Fans of Farmland
Ag Interest Rate Snapshot
ChemChina Head on Unique Path
Woodbury: Family Business Matters
Deal Could Raise Security Issues
Input Outlooks - 2
ChemChina Buys Syngenta for $43B
ChemChina offers $43B for Syngenta
Railroads Won't Meet PTC Date