Cargill Shipping Louisiana Sugar Refinery Produced Sugar
MINNEAPOLIS, Feb. 10, 2011 /PRNewswire/ -- Cargill has officially assumed sales and marketing for Louisiana Sugar Refining, LLC, (LSR) of which Cargill is one-third owner, and is shipping sugar to its customers. Cargill is the exclusive marketer of the industrial-use sugar produced by the refinery.
"LSR is a key element in our sweetener supply strategy, and the LSR asset will fit nicely into the portfolio of products we bring to the market," said Alan Willits, president, Cargill Corn Milling North America. "We are very happy to have the refinery producing sugar."
Louisiana Sugar Refining, LLC, is a joint venture among Sugar Growers and Refiners, Inc., Cargill and Imperial Sugar Company. Sugar Growers and Refiners, Inc., is a Louisiana cooperative representing eight sugar cane mills and more than 700 Louisiana sugar growers in Louisiana. Imperial Sugar Company is America's second largest sugar producer.
Cargill is an international producer and marketer of food, agricultural, financial and industrial products and services. Founded in 1865, the privately held company employs 131,000 people in 66 countries. Cargill helps customers succeed through collaboration and innovation, and is committed to applying its global knowledge and experience to help meet economic, environmental and social challenges wherever it does business. For more information, visit www.cargill.com.
SOURCE Cargill
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