COFCO still believes in Nidera and biofuels after ethanol trading scandal

September 28, 2015 |

In China, COFCO says the ethanol trading scandal that hit the Dutch-based Nidera of whom it owns 51% won’t knock the mother company’s faith in the trading company. What’s more, COFCO is looking to expand its shareholding in Nidera. The trading scandal hit the company hard but it says the issue has been dealt with and COFCO is sure of its management going forward.

Category: Fuels

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