Thursday, July 02, 2009

Cargill-Teijin JV dissolved; NatureWorks to be fully owned by Cargill

Cargill will assume full ownership of NatureWorks LLC, as a part of Teijin Limited's general portfolio restructuring in response to the global economic downturn. NatureWorks, which was previously a 500-50 JV between Cargill and Teijin, is now an independent company wholly owned by Cargill.

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