Cargill announced to close it’s refinery in Lusaka

Photo from Internet

Cargill has announced it will stop all operations at its soybean crush and vegetable oil refinery in Lusaka effective end of October 2018.

The difficult decision was made as the growth of illegal imports of vegetable oil from neighbouring countries continues to have a significant negative impact on the Zambian crush and vegetable oil industry.

Alongside a smaller than anticipated Zambian soybean crop this year, these factors make it no longer possible for Cargill to operate the business in an economically viable way.

According to a statement issued to the media, the closure means approximately 260 employees will be impacted, as their roles are no longer required.

The Company says it is however committed to working to minimize the impact for employees in line with the country’s labour laws and all affected employees have been notified.

From November, Cargill said it will begin mothballing the facility in a safe and responsible way and approximately 45 employees will be retained in essential roles to ensure the safety, maintenance and operational integrity of the site.

In line with the decision to cease its crush and refinery operations, Cargill said it is exploring options for the future of its business in Zambia.

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