Chinese Soy Crusher Files for Bankruptcy The Chinese firm Shandong Sunrise Group, a soybean importer and processor as well as an independent petroleum refiner, filed for bankruptcy last Friday. It attributed this action to losses in crush margins. Crushers in Shandong Province are currently losing the equivalent of about $7.40/MT. The losses have been occurring for months and were accentuated because China’s 25 percent tariff on U.S. soybeans have forced processors to pay more for Brazilian supplies. Domestic soymeal demand is also slowing due to reduced swine production. Sources indicate China is operating at only about 60 percent of its now 145 MMT annual soybean crushing capacity. Much of the capacity needs to be mothballed to al...
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Fabiana is a genus of flowering plants in the nightshade family, native to dry slopes in western South America.[1] They are evergreen shrubs or subshrubs,[1] with needle-like leaves and profuse tiny tubular flowers in summer. The common name is false heath because the leaves superficially resem...
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From WPI Consulting
Infrastructure investment due diligence
On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.