Alliance Grain Traders Inc. Announces Marketing and
Distribution Agreement with Cargill
PR NEWSWIRE
SOURCE: PR NEWSWIRE
CREATED: JANUARY 9, 2013
To sell its nutrient dense, non-GMO, gluten-free pet
food and feed ingredient
REGINA, Jan. 9, 2013 /CNW/ - Alliance Grain Traders
Inc. ("AGT") announced that its wholly owned U.S.
subsidiary, United Pulse Trading Inc. ("UPT"), has
entered into an agreement with Cargill, Incorporated
("Cargill"), an international producer and marketer of
food, agricultural, financial and industrial products and
services, for Cargill to be the exclusive agent for UPT's
pulse protein ingredient products for the animal feed
sector, including pet foods.
The agreement is for a period of five years, with Cargill
appointed as UPT's exclusive agent for the sales and
marketing of pulse proteins in North America for the
animal feed sector and UPT as the exclusive supplier of
these ingredients to Cargill for this sector for the term
of the agreement.
"We are very pleased to announce this agreement with
Cargill as the first for our pet food and branded feed
ingredient platform. We have commented on a number
of occasions that we are excited about the profile of
pulses as ingredients for protein, fibre and starch, and
many of our customers agree with us on this. The fact
that a major company like Cargill, with their position in
the market, concurs with us on the potential
opportunities for pulse ingredients and have entered
into this agreement with us, which demonstrates that
this new line of business is a positive and exciting
development for us," said Mr. Murad Al-Katib,
President and CEO of AGT. "Whether for human
consumption or for animal feed, pulses are nutrient
dense, non-GMO, gluten-free, high protein and fibre
products with a desirable combination and untapped
potential for the global food market. We are hopeful
that further opportunities like this will arise and that
they will have a positive impact on our earnings as the
opportunities are pursued."
"Our agreement with Cargill is the first step towards
realizing the opportunities that our new pulse
ingredient platform provides. These ingredients
provide added value to the pulses and staple foods
products we are already producing and exporting
around the globe. We expect that this new platform
may assist in making AGT one of the preferred
suppliers of ingredients critical to food companies
producing branded products for feed applications, as
Cargill is doing, and for retail and foodservice sale to
consumers around the globe," added Mr. Huseyin
Arslan, Executive Chairman of the AGT Board. "The
size and scale of our planned operations in the food
ingredient area, with Minot being the first facility
planned to produce these products, we expect will
assist us to capitalize on synergies from our other
lines of business and demonstrate our strategy to
grow this business unit."
AGT, with its new Minot, North Dakota pulses
ingredient processing facility set to begin
commissioning in late first quarter 2013, is expected
to commence production in its first North American
industrial scale, pulses ingredient processing and
production facility producing protein, fibre, starch and
flour derived from legumes including lentils, peas,
chickpeas and beans for human food, food ingredient
and animal feed including pet food applications. Sales
and marketing activities by Cargill covered under this
agreement are expected to begin shortly.
Alliance Grain Traders Inc. Profile
Alliance Grain Traders Inc. (AGT) is a value-added
pulse, staple food and ingredient processor for export
and domestic markets. Through its offices and
processing facilities located in some of the best
agricultural growing regions in Canada, the U.S.,
Turkey, China, Australia and South Africa,
merchandising and sales offices in the U.K., the
Netherlands and Spain and origination offices in
Russia, AGT produces a full range of pulses and
specialty crops including lentils, peas, chickpeas,
beans and canary seed as well as food ingredients
such as pulse flours, proteins, starches and fibres.
Through its subsidiaries in Turkey, the Arbel Group,
AGT also produces staple foods such as Arbella Pasta,
rice, and milled wheat products, including bulgur and
semolina.
http://www.feedandgrain.com/news/10850770/allian
ce-grain-traders-inc-announces-marketing-and-
distribution-agreement-with-cargill
Distribution Agreement with Cargill
PR NEWSWIRE
SOURCE: PR NEWSWIRE
CREATED: JANUARY 9, 2013
To sell its nutrient dense, non-GMO, gluten-free pet
food and feed ingredient
REGINA, Jan. 9, 2013 /CNW/ - Alliance Grain Traders
Inc. ("AGT") announced that its wholly owned U.S.
subsidiary, United Pulse Trading Inc. ("UPT"), has
entered into an agreement with Cargill, Incorporated
("Cargill"), an international producer and marketer of
food, agricultural, financial and industrial products and
services, for Cargill to be the exclusive agent for UPT's
pulse protein ingredient products for the animal feed
sector, including pet foods.
The agreement is for a period of five years, with Cargill
appointed as UPT's exclusive agent for the sales and
marketing of pulse proteins in North America for the
animal feed sector and UPT as the exclusive supplier of
these ingredients to Cargill for this sector for the term
of the agreement.
"We are very pleased to announce this agreement with
Cargill as the first for our pet food and branded feed
ingredient platform. We have commented on a number
of occasions that we are excited about the profile of
pulses as ingredients for protein, fibre and starch, and
many of our customers agree with us on this. The fact
that a major company like Cargill, with their position in
the market, concurs with us on the potential
opportunities for pulse ingredients and have entered
into this agreement with us, which demonstrates that
this new line of business is a positive and exciting
development for us," said Mr. Murad Al-Katib,
President and CEO of AGT. "Whether for human
consumption or for animal feed, pulses are nutrient
dense, non-GMO, gluten-free, high protein and fibre
products with a desirable combination and untapped
potential for the global food market. We are hopeful
that further opportunities like this will arise and that
they will have a positive impact on our earnings as the
opportunities are pursued."
"Our agreement with Cargill is the first step towards
realizing the opportunities that our new pulse
ingredient platform provides. These ingredients
provide added value to the pulses and staple foods
products we are already producing and exporting
around the globe. We expect that this new platform
may assist in making AGT one of the preferred
suppliers of ingredients critical to food companies
producing branded products for feed applications, as
Cargill is doing, and for retail and foodservice sale to
consumers around the globe," added Mr. Huseyin
Arslan, Executive Chairman of the AGT Board. "The
size and scale of our planned operations in the food
ingredient area, with Minot being the first facility
planned to produce these products, we expect will
assist us to capitalize on synergies from our other
lines of business and demonstrate our strategy to
grow this business unit."
AGT, with its new Minot, North Dakota pulses
ingredient processing facility set to begin
commissioning in late first quarter 2013, is expected
to commence production in its first North American
industrial scale, pulses ingredient processing and
production facility producing protein, fibre, starch and
flour derived from legumes including lentils, peas,
chickpeas and beans for human food, food ingredient
and animal feed including pet food applications. Sales
and marketing activities by Cargill covered under this
agreement are expected to begin shortly.
Alliance Grain Traders Inc. Profile
Alliance Grain Traders Inc. (AGT) is a value-added
pulse, staple food and ingredient processor for export
and domestic markets. Through its offices and
processing facilities located in some of the best
agricultural growing regions in Canada, the U.S.,
Turkey, China, Australia and South Africa,
merchandising and sales offices in the U.K., the
Netherlands and Spain and origination offices in
Russia, AGT produces a full range of pulses and
specialty crops including lentils, peas, chickpeas,
beans and canary seed as well as food ingredients
such as pulse flours, proteins, starches and fibres.
Through its subsidiaries in Turkey, the Arbel Group,
AGT also produces staple foods such as Arbella Pasta,
rice, and milled wheat products, including bulgur and
semolina.
http://www.feedandgrain.com/news/10850770/allian
ce-grain-traders-inc-announces-marketing-and-
distribution-agreement-with-cargill