- Upgrades enhance ability to efficiently connect Brazilian crops to the world
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.
Archer Daniels Midland Company
Media Relations
Jackie Anderson
media@adm.com
312-634-8484