10 May 2013 16:13 [Source: ICIS news]
HOUSTON (ICIS)--US agribusiness major Archer Daniels Midland (ADM) on Friday officially opened a new 3,500 tonne/day soybean processing facility in Villeta, near Asuncion, Paraguay.
The plant – adjacent to ADM’s existing fertilizer-blending facility in Villeta and near a port facility on the Paraguay River - expands the company’s South American oilseed crush capacity by more than 20%, it said.
ADM added that the strategic location in Villeta enabled a full integration of its logistics.
Barges deliver inputs for the production of fertilizers and leave loaded with soy products, while trucks deliver the soy to Villeta for processing, and then return to farmers loaded up with fertilizers, the company said.
Financial details were not disclosed.
ADM’s fertilizer blending plant in Villeta started up in 2010 with a capacity of 2,500 tonnes/day.
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