01-07-2025
China Corn Miller Shunned by North Dakota Near Deal for New Site
China's Fufeng Group is selecting a new site to build a corn mill in the US after an earlier plan in North Dakota fell through amid heightened tensions between the world's two biggest economies.
Hong Kong-traded Fufeng, which processes corn into biochemical products from monosodium glutamate to xanthan gum, is finalizing its decision on a location, according to an emailed statement to Bloomberg. The company's Fufeng USA subsidiary is also advertising for engineering roles to aid in the design of the new wet mill.
