Cofco will invest R$ 2 billion in expanding its plant in Rondonópolis.

THE multinational Cofco will invest R$ 2 billion in expansion of its factory in Rondonópolis, Mato GrossoAccording to a statement released by mayor of Rondonópolis, Claudio Ferreira, this Wednesday (15).

Ferreira he stated that he had held a meeting with Luiz Noto, CEO of the Grains and Oilseeds division of Cofco International in BrazilThe meeting also included the participation of Sérgio Ferreira, the company's operations director.Currently, the unit in Rondonópolis produces soybean meal, soybean oil and biodieselA The plant's current grain crushing capacity is 4,500 tons. per dayHowever, with the expansion, production should reach 10,000 tons per day. The works should be completed in early 2028., according to the city hall's statement.

This text was translated by machine from Brazilian Portuguese.