ADM in the US Plans Expansion of Oilseed Crush Capacity to Boost Brazil Business

06 Dec, 2023

ADM in the US Plans Expansion of Oilseed Crush Capacity to Boost Brazil Business

Archer Daniels Midland (ADM), a prominent US agribusiness giant, has unveiled ambitious plans to further its foothold in Brazil's thriving market. This strategic move involves a substantial expansion of crush capacity across three pivotal oilseed processing facilities situated in Campo Grande, Porto Franco, and Uberlandia. These investments are projected to significantly bolster ADM’s operational capabilities in Brazil, augmenting crush capacity by an estimated 400,000 metric tons annually.

Luciano Botelho, President of ADM's South American oilseeds business, underscored the burgeoning demand witnessed in both domestic and international markets within Brazil. He emphasized the strategic advantage of ADM's facilities, perfectly positioned to cater to the escalating market demand. ADM's commitment to substantial investments reflects its proactive stance, positioning itself at the forefront of Brazil's burgeoning growth trajectory.

In addition to the expansion plans, ADM recently completed the acquisition of a controlling interest in Buckminster Química, a distinguished producer of refined glycerin headquartered in Sao Paulo. This acquisition signals ADM’s strategic alignment with sustainability-driven market trends, as highlighted by Luiz Noto, ADM's Director of Oils and Biodiesel in Brazil. The move emphasizes ADM's commitment to meeting the escalating customer demands for sustainably sourced products across various sectors, spanning food, feed, fuel, and consumer goods.

Founded in 1999 as a privately-owned entity, Buckminster Química boasts approximately 65 employees and specializes in the production of bi-distilled vegetable glycerin. The company operates from a single manufacturing facility, primarily focusing on producing high-quality refined glycerin. This acquisition underscores ADM’s proactive strategy to diversify its portfolio and expand its capabilities, positioning itself to cater to the evolving needs of customers while aligning with global sustainability trends.