USSEC Helps Launch New Soybean Oil in Mexico
As a result of continued assistance by the USSEC Americas team, another major Mexican refiner, La Patrona, has introduced a new pure soybean oil in a three-liter bottle. Consumers want to know the source of their edible oil, and identifying pure soybean oil help differentiate it from other oils and mixed oils. The production of this new soybean oil brand started in February 2016.
The new oil was developed to cover a special market segment composed of hospitals, hotels, and restaurants (HRI) and large families. The soybean oil began to be promoted in June in a combined effort by the IPSA refinery in cooperation with USSEC.
The oil is produced from U.S. soybeans that are imported by IPSA at a current amount of more than 400,000 metric tons per year. The new oil is expected to help to increase the imports of U.S. soybean oil and soybeans in the coming years.