"So we've sold one of our sugar assets in Canada and we're selling our wheat commodity plants in Western Europe, and we're investing much more in our value-added starches business in the States".
Commodity plants have also found application as bioreactors, designated non-food/non-feed GM (NFGM) plants, thereby making raw material for further refinement to industrial, diagnostic or pharmaceutical preparations.
Beginning in 1983 the same year Peter joined the company as a truck driver after dropping out of the University of Utah Huntsman Sr. began integrating backwards, buying commodity chemical plants from oil and chemical companies that were anxious to dispose of them.
After trying to compete against the all-powerful dairy and cattle commodity boards, plant based foods now have their own.
Logistics cost: it can be calculated by the sum of cost of supplying commodities from plants to customers in the given periods.
In this sense, the utilisation of a renewable resource base means to find an optimum between an "economy of scale" - which means that the bigger the commodity production plant is, the more efficient is the resource conversion - and the "ecology of scale" - the smaller the plant is, the more efficient is the transport logistics [42].
Furthermore, farmers allocate their labour time for non-farming activities, notably for the transportation of eucalyptus tree products and other commodities, after planting their farm plots with trees, which is relatively less labour intensive than the annual food crop farming systems.
One of the most attractive possible substitutes for petroleum-derived products, such as oil and commodity chemicals, is plant biomass.
"All through history we have always been allowed to go to an elevator and buy commodity grain and plant it," he said in an interview.
A century ago, when mechanization revolutionized American agriculture and binder twine was a highly sought commodity, the agave plant and the henequen fibers it produces were king in all the Yucatan Peninsula.
Part of the money is being used to encourage 3,000 area farmers whose fields are filled with feed grain, safflower and other commodity crops to plant acres of grocery store crops like strawberries or artichokes, or to hold some fruit, like pears, back from the canner.
