Cargill, a global leader in food and agriculture, announced that it will invest US$235 million in the second phase of the expansion project of Hebei Jiahao Grains and Oils Co., Ltd. Hebei Jiahao Grain and Oil Project is located in Bohai New Area, Cangzhou, Hebei Province, with an investment of US$260 million in the first phase of the project, and was officially put into operation in 2016. The second phase of the project is expected to start production in 2022