Nidera

"Iran is about to open for business, and the world's grain traders are lining up. Food wasn't subject to sanctions, but the rules created enough difficulty to keep out many grain suppliers. Now, with world powers expected to lift restrictions as early as next year, new companies are entering the market... 'When the sanctions came in, you started to see some people shying off and not willing to take the risk anymore," Michel Dumoulin, a trader at Rotterdam-based Nidera BV, said by phone on Thursday... Nidera executives will travel to Iran this week to visit customers, according to Dumoulin... Nidera, majority owned by China's largest food company Cofco Corp., already ships as much as 3 million tons of grain and vegetable oils to Iran a year." (Bloomberg News, "Grain Traders Eye Business in Iran as Sanctions Set to Ease," 11/9/15)