Frost & Sullivan, a leading market research firm, has bestowed the coveted 2023 Global Company of the Year Award in the Global Green Transformers and Sustainable Solutions category upon Cargill, recognizing the company's remarkable contributions to the power industry. Cargill's groundbreaking FR3® natural ester solution has revolutionized transformers by providing a non-toxic, carbon-neutral, and 100% biodegradable dielectric fluid. With over three million transformers worldwide benefitting from FR3® natural ester, Cargill has secured its position as the market leader.

The accolade comes after extensive assessments of green transformer and sustainable solution industries, with Cargill's FR3® natural ester solution standing out as a customer-centric product with unmatched advantages. Compared to traditional mineral oil, FR3® fluid boasts exceptional safety, reliability, and performance, delivering an average of 17% savings in total cost of ownership, up to 20% more load capacity, and an impressive insulation life up to eight times longer. Additionally, the fluid's eco-friendly nature significantly reduces carbon dioxide emissions, being 56 times lower than those of mineral oil.

Cargill has actively collaborated with transformer manufacturers and end users, educating the market about the myriad benefits of FR3® natural ester. The company's dedication to sustainability and innovative product development sets it apart, fortifying its pioneering position in the green transformers industry. With an unwavering commitment to advancing sustainable solutions, Cargill continues to drive the industry forward, cementing its leadership in the years to come.

The Frost & Sullivan Best Practices Awards, which honor organizations demonstrating excellence in their respective fields, recognize Cargill's outstanding growth strategy, technological innovation, customer service, and strategic product development. Cargill's commitment to sustainability, quality, and customer value has earned them this prestigious global recognition and positions them as a driving force in the green transformer market.

Source: Cargill