March 15, 2018 / 6:12 AM / 4 months ago

BRIEF-Fuji Oil Holdings unit to set up U.S.-based unit Fuji Oil New Orleans

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)

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