March 15 (Reuters) - Fuji Oil Holdings Inc
* Says its unit FUJI VEGETABLE OIL, INC. will set up a U.S.-based wholly owned unit Fuji Oil New Orleans, LLC, which will be engaged in manufacture and sale of edible fat and oil, in March
* Says the new unit will be capitalized at $70 million
Source text in Japanese:bit.ly/2DsnJRj
Further company coverage: (Beijing Headline News)
