Cargill in Brazil soy-based lubricants venture


SAO PAULO, Brazil, Nov 17 (Reuters) - Cargill Inc., the private U.S. agribusiness giant, said on Monday it had formed a joint venture with Hatco Corp. of the United States to produce lubricants and esters from soy in Brazil. In a statement, Cargill said the products could be sold to the auto, industrial and steel sectors, as well as the petroleum industry in Latin America. A factory is being built in Mairinque, Sao Paulo state, beside Cargill's soybean crusher. Soy oil will serve as one ...

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