ADM Celebrates Expansion, Modernization at Brazilian Port of Santos
May 22 2017 - 11:00AM
Business Wire
- 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.
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Archer Daniels Midland CompanyMedia
RelationsJackie Andersonmedia@adm.com312-634-8484
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