We market a wide variety of agricultural and food products including grain, sugar, bananas, chicken, flour, pre-mixed powders and seafood products. In our grain business, Emerald Grain Pty Ltd, a wholly owned subsidiary of Sumitomo Corporation group, is one of Australia’s leading grain companies. They trade 4 million tons of grain and operate 14 upcountry sites and 2 grain export terminals. They can enhance our grain value-chain. We further established a strategic partnership with Singapore-based Prima Limited, one of Asia’s largest flour mill groups, to acquire Australia’s largest frozen dough producer now known as Suprima Bakeries Pty Ltd.
We have established CJ-SC Global Milling LLC as a new joint venture of wheat flour mill in Vietnam with CJ CheilJedang, a major food company in South Korea and started production that extends to processing.
In the sugar business, we invested in Kaset Thai International Sugar Corporation Public Company Limited. Kaset Thai is the third largest sugar manufacturer in Northern Thailand. In addition, they produce ethanol and pulp utilising by-products from sugarcane. Leveraging its geographical advantage, we are positioning Thailand not only as a core market but also a springboard for sugar business expansion in Southeast Asia.
To further expand our business and offer integrated solutions to our customers, we are actively working on strategic investments in the production and processing of various food products. Sumifru Singapore Pte Ltd is one of the largest banana companies in this region. They operate and manage a huge banana plantation in the Philippines and market bananas not only for Japan but also China and the Middle East. We have acquired the largest carrot juice concentrate processor in Australasia, Juice Products New Zealand Limited.