Plant has capacity of 3,500 metric tons and has created 160 jobs
VILLETA, Paraguay--(BUSINESS WIRE)--Archer Daniels Midland Company (NYSE: ADM) today celebrated the official
ribbon cutting of its new soybean processing facility in Paraguay, in
the city of Villeta. The plant has a daily capacity of 3,500 metric tons
and has provided 160 direct jobs in the area.
“We are excited to join with President Franco and the people of Villeta
to celebrate this new, world-class facility,” said Juan Luciano, ADM
executive vice president and chief operating officer. “This is yet
another step forward as we work to implement our strategy to expand our
operations in the world’s key growing regions.”
The new plant, which was constructed adjacent to the existing ADM
fertilizer-blending facility in Villeta, expands ADM’s South American
oilseed crush capacity by more than 20 percent. The location of the
complex, near a port facility on the Paraguay River, allows for
efficient crop-origination and export capabilities.
“The strategic location of our complex in Villeta enables the full
integration of our logistics,” Luciano continued. “Our barges arrive
here with inputs for the production of fertilizers and leave loaded with
our soy products. Trucks arrive with soy sourced from different regions
of the country, and return to the field with fertilizers designed to
meet the many and varied demands of productive, modern farmers.”
The facility’s construction included several elements designed to
improve sustainability, including an integrated water treatment system,
and biomass-fueled electric power generation. In addition, ADM worked
with government agencies and educational institutions, including the
Engineering University of Asunción (UNA) and SINAFOCAL, to create and
help operate an innovative three-month program to help train local men
and women to fill jobs at the facility.
About ADM
For more than a century, the people of Archer Daniels Midland Company
(NYSE: ADM) have transformed crops into products that serve vital needs.
Today, 30,000 ADM employees around the globe convert oilseeds, corn,
wheat and cocoa into products for food, animal feed, industrial and
energy uses. With more than 265 processing plants, 460 crop procurement
facilities, and the world’s premier crop transportation network, ADM
helps connect the harvest to the home in more than 140 countries. For
more information about ADM and its products, visit www.adm.com.
Archer Daniels Midland Company
Media Relations
Jackie Anderson, 217-424-5413
media@adm.com