COFCO Group
| Company type | State-owned enterprise |
|---|---|
| Industry | Food processing, Agriculture, Beverage |
| Founded | 1949 |
| Products | Grains, Oils, Foodstuffs, Beverages |
| Parent | State-owned Assets Supervision and Administration Commission of the State Council |
COFCO Group (China National Cereals, Oils and Foodstuffs Corporation) is a state-owned enterprise in China that focuses on the food processing, agriculture, and beverage industries. Established in 1949, COFCO Group has grown to become one of the largest food companies in China and a significant player in the global market.
History[edit | edit source]
COFCO Group was founded in 1949, shortly after the establishment of the People's Republic of China. Initially, the company was responsible for the import and export of grains and other foodstuffs. Over the decades, COFCO has expanded its operations to include a wide range of activities in the food and agriculture sectors.
Operations[edit | edit source]
COFCO Group operates in several key areas:
- Agriculture: COFCO is involved in the cultivation and processing of various agricultural products, including grains, oilseeds, and sugar.
- Food processing: The company processes a wide range of food products, including edible oils, rice, wheat, and corn.
- Beverages: COFCO produces and distributes a variety of beverages, including wine, spirits, and soft drinks.
- Logistics: The company has a comprehensive logistics network to support its operations, including storage, transportation, and distribution services.
Subsidiaries and Affiliates[edit | edit source]
COFCO Group has numerous subsidiaries and affiliates, including:
- COFCO International: A global agribusiness company that operates in the trading and processing of agricultural commodities.
- China Agri-Industries Holdings: A subsidiary focused on the processing and trading of agricultural products.
- Mengniu Dairy: One of the largest dairy companies in China, in which COFCO holds a significant stake.
Corporate Social Responsibility[edit | edit source]
COFCO Group is committed to sustainable development and corporate social responsibility. The company has implemented various initiatives to promote environmental protection, food safety, and community development.
See also[edit | edit source]
- Agriculture in China
- State-owned Assets Supervision and Administration Commission of the State Council
- List of companies of China
Related Pages[edit | edit source]
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Contributors: Prab R. Tumpati, MD
