World Grain - August 2015 - 17

NEWSREVIEW

Masujima takes new role at Nisshin Flour Milling
TOKYO, JAPAN - Naoto Masujima was appointed director and executive general manager, Overseas Business Division, for Nisshin Flour
Milling Inc., effective June 25.
In this role, he will be in charge of existing overseas companies' operations and development of new businesses. Masujima was previously in
globalization, Corporate Planning Division, Nisshin Seifun Group, Inc.
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Planning Division, has been appointed to Masujima's previous position.
Nisshin Flour Milling Inc., a subsidiary of Tokyo-based Nisshin SeiIXQ*URXS,QF16*,LV-DSDQ¶VODUJHVWÀRXUPLOOLQJFRPSDQ\,WLVLQ
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already operating in Canada, Thailand, the U.S. and New Zealand.
It acquired the Rogers Foods, Ltd. milling business in Canada in

1989. In 2012, Nisshin acquired Miller Milling Co., which at the time
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Ltd. from Goodman Fielder for NZ$51 million. In May 2014, Nisshin's
Miller Milling business acquired four additional mills - the Los AnJHOHV&DOLIRUQLD86ÀRXUPLOORI+RUL]RQ0LOOLQJ//&DQG2DNODQG
California, U.S., Saginaw, Texas, U.S., and New Prague, Minnesota,
U.S. mills of ConAgra Mills. In addition to turning Nisshin into a top
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capacity, the $215 million (about 22 billion Japanese Yen) transaction
was pivotal in allowing an even larger transaction to move forward -
the creation of Ardent Mills through the combination of the remaining
milling operations of ConAgra Foods, Inc. and Horizon Milling LLC.

Louis Dreyfus acquires grain terminal
ROTTERDAM, NETHERLANDS, - Louis Dreyfus Commodities
Vostok LLC announced on July 17 that it has acquired a grain terminal
in Russia's Rostov region. Currently under development, the terminal is
located on a 20-hectare landplot in the Azov district on the river Don,
and includes two berths and six silos. Upon completion, it will be used
for the transshipment of grains on sea-river vessels with an initial annual
export capacity of 500,000 tonnes, aiming to exceed 1 million tonnes
over time.
"This new acquisition is fully in line with our regional investment

www.World-Grain.com / World Grain / August 2015

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through additional export capacity," said Cesar Soares, regional head of
Grains for Europe and Black Sea at Louis Dreyfus Commodities.
The acquisition follows the signing of a memorandum of cooperation
on June 19, at the 2015 St. Petersburg International Economic Forum, in
the presence of Vasily Golubev, interim governor of the Rostov Region.
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early 2016. The project is supported by Rostov's Investment Development Agency.

For more information, see Page 98.

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World Grain - August 2015

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