After profit 14.6% more in 2018, Cargill plans to invest R $500 million in Brazil this year

The net profit of Cargill in Brazil grew 14.6% in 2018, to R $679.8 million, while the company, one of the biggest agribusiness companies in the world, is preparing to invest around £ $500 million in the country this year. As balance sheet published this Monday (29), the company obtained net operating revenue of R $46.5 billion last year in Brazil, against R $35 billion in 2017. The values include the agricultural areas and animal nutrition. In the country since 1965, Cargill is headquartered in São Paulo, with industrial units in 17 States, employing more than 10000 employees, according to figures provided by the company on your Web site. The Brazil is particularly important for Cargill's global business. The trading is the second largest exporter of soybeans and corn of the country, and embarked on 2018 over 12 million tons of oil, according to a maritime agency. Investment In this context, Cargill intends to invest about R $500 million this year in Brazil, reported the Press Office of the company, which is the "C" of the global Quartet tradings Giants ABCD, composed by Archer Daniels Midland, Bunge and Louis Dreyfus. A part of these contributions should go to a factory HM pectin, texturizante agent "versatile", citrus fruit, used in the production of jams, juices and milk drinks. The drive was announced last year. At the time, Cargill said that Brazil was chosen to house the unit, among other factors, because it has an abundant supply of citrus fruits. The company has focused on diversification to higher value-added products, such as food ingredients.