SALIC formed a joint venture
with Bunge (one of the main players in grain trading) to develop grain
operations in Canada. The joint venture, G3 Global Holding, acquired a majority
stake in the Canadian Wheat Board and is currently building new silos and a
grain export terminal. When current construction projects are completed, G3
Global Holding will have up to 11 million tons of grains and oilseeds throughput
per year and will become in the top 3 of the highest capacity grain handling
companies in Canada.