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Toepfer to expand into Ukraine

(July 9, 2002 -- CropChoice news) -- Toepfer, 80 percent of which Archer Daniels Midland owns, is is expanding in the Ukraine with an $80 million revolving credit line from the European Bank for Reconstruction and Development. They are going to develop Ukrainian agriculture exports, including wheat, and introduce "a system of grain warehouse receipts that will increase the availability of postharvest finacing to Ukrainian farmers and food processors."

Source: Bakingbusiness.com