Cargill to invest $150 million in protein-rich meal production in France

CarGurus, Inc. Class A

CarGurus, Inc. Class A

CARG

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- Cargill will invest $150 million to upgrade its French sunflower seed processing plant in Saint-Nazaire as it aims to meet a rise in demand for high-protein meal for animal feed, the U.S. agriculture group said on Wednesday.

The investment will reduce reliance on imports, while a new biomass boiler is expected to cut the plant's natural gas use, it said.