CHS introduces PlastiSoy™ epoxidized soybean oil
Feb 19, 2013
ST. PAUL, Minn. (February 19, 2013) – CHS Inc., a leading global energy, grains and foods company owned by U.S. farmers and ranchers, has begun full-scale production of PlastiSoy™ epoxidized soybean oil at its Mankato, Minn., soybean processing facility. PlastiSoy is used by plastic manufacturers as a secondary heat and light stabilizer and co-plasticizer in flexible PVC applications.
“CHS is the only North American producer of epoxidized soybean oil with direct connections to the product’s major feedstock- soybean oil,” said Randy Loula, CHS product manager, Processing. “Our basic market position in soybean oil, combined with risk management programs, means CHS offers customers a distinct value.”
CHS soybean processing plants in the U.S. process and refine more than 100 million bushels or the equivalent of more than 1 billion pounds of soybean oil annually.
In addition to its refining capacity, CHS originates soybeans globally and markets grain in more than 60 countries. “Our scope and expertise means customers can rely on CHS to produce a high quality product to match exacting formulations, backed by reliable supply and pricing based on global commodity market trends,” Loula said.
PlastiSoy is a premium quality epoxidized soybean oil, with industry-leading product specifications for PVC formulation compatibility. Additional PlastiSoy applications include acid scavenging in soy-based inks, agricultural chemicals and insecticides; monomer compatibilizer, pigment dispersion, chemical intermediate and lubricating and cutting oils. PlastiSoy will be marketed to industrial food packaging, medical device and vinyl formulators markets.
“CHS is committed to finding new markets and uses for our owners’ soybean crops, and PlastiSoy further extends our soybean processing capabilities into industrial uses,” Loula said.
CHS Inc. (www.chsinc.com) is a leading global agribusiness owned by farmers, ranchers and cooperatives across the United States. Diversified in energy, grains and foods, CHS is committed to helping its customers, farmer-owners and other stakeholders grow their businesses through its domestic and global operations. CHS, a Fortune 100 company, supplies energy, crop nutrients, grain marketing services, livestock feed, food and food ingredients, along with business solutions including insurance, financial and risk management services. The company operates petroleum refineries/pipelines and manufactures, markets and distributes Cenex® brand refined fuels, lubricants, propane and renewable energy products.
This document contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995 that are based on management's current expectations and assumptions. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from the potential results discussed in the forward-looking statements. The company undertakes no obligations to publicly revise any forward-looking statements to reflect future events or circumstances. For a discussion of additional factors that may materially affect management's estimates and predictions, please view the CHS Inc. annual report filed on Form 10-K for the year ended Aug. 31, 2012, which can be found on the Securities and Exchange Commission web site (www.sec.gov) or on the CHS web site www.chsinc.com.
For further information: Annette Degnan, +01-651-355-5126, firstname.lastname@example.org