CHICAGO--(BUSINESS WIRE)--
Archer Daniels Midland Company (NYSE: ADM) announced that it has completed a major series of enhancements at its export terminal in Santos, in the Brazilian state of São Paulo.
“ADM is celebrating 20 years in Brazil in 2017, and there is no better way to honor that milestone than with the completion of this major improvement project,” said Scott Fredericksen, president, ADM South America. “Our upgraded terminal in Santos, with increased unloading and loading capabilities, allows us to connect Brazilian grain to world markets more efficiently while setting the industry benchmark for sustainable operations, and creating jobs in the region.”
The project:
- Adds a second ship loading line and a fourth truck unloading station, allowing for more efficient operations.
- Expands the facility’s storage capacity from 172,000 to 194,000 metric tons, and annual handling capacity from 6 million to 8 million metric tons.
- Significantly enhances the terminal’s environmental controls, reducing dust particle emissions by 80 percent through the use of technology that improves the flow and storage of grain.
“In 20 years, we have expanded to become one of the largest agribusinesses in Brazil, with good reason: Brazilian farmers play a critical role in feeding an expanding global population,” said Luciano Botelho, ADM’s president, South American Oilseeds. “Our strategic growth projects in Brazil—including the modernization at Santos as well as our ongoing improvement project at the Port of Barcarena—are enhancing our ability to move more crops around the world, and to do so more efficiently and sustainably.”
ADM’s original Santos Port concession began in 1997. In 2015, the company signed an agreement to continue operations at the port until 2037.
About ADM in Brazil
ADM is one of the largest agribusiness companies in Brazil. With about 3,300 employees in that country, the company processes soybeans in five facilities and sunflower at another, and markets the bottled oil brands Concórdia, Corcovado and Vitaliv. The company also operates the largest biodiesel plant in Brazil, and more than 40 elevators across the country. ADM is a joint owner of an export terminal in Barcarena, and has a concession to operate a terminal at the Port of Santos. ADM is also building a soy protein production complex next to the company’s existing soybean plant in Campo Grande, Mato Grosso do Sul.
About ADM
For more than a century, the people of Archer Daniels Midland Company (NYSE: ADM) have transformed crops into products that serve the vital needs of a growing world. Today, we’re one of the world’s largest agricultural processors and food ingredient providers, with approximately 32,000 employees serving customers in more than 160 countries. With a global value chain that includes approximately 500 crop procurement locations, 250 ingredient manufacturing facilities, 38 innovation centers and the world’s premier crop transportation network, we connect the harvest to the home, making products for food, animal feed, industrial and energy uses. Learn more at www.adm.com.
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