December 9, 2024 - Louis Dreyfus Company (LDC) announced today the acquisition of a grains and oilseeds warehouse in Nueva Palmira, department of Colonia, Uruguay, after having operated the warehouse for six years. The acquisition consolidates LDC's position in a strategic agricultural area just 2.5km from Nueva Palmira port, Uruguay's main grains and oilseeds export terminal.
Built on a 10-hectare plot of land, the warehouse employs 15 people in industrial, logistic and commercial activities, with additional operators during harvest season. The facility has a static storage capacity of 38,000 tonnes and an additional storage capacity of 12,000 tonnes in silo bags, and is designed to store and condition different crops, such as soy, wheat, rapeseed, carinate and, in the near future, camelina.
You may also be interested in:
"We are so glad to consolidate our position in Uruguay, a key origination market for LDC, with this acquisition," said Mario Sampaolesi, LDC's Head of Grains & Oilseeds Origination for Uruguay. "The investment reflects our long-term commitment to the country, contributing to Uruguay's continued development as an important exporter of agricultural goods, and aligns with the Group's strategy to further reinforce its core merchandising capabilities, based on strong partnerships with local producers."
Further investments are planned for 2025 to enhance the plant's technology and optimise its operational efficiency, as LDC pursues its leading role in supporting the growth of the country's agricultural sector by offering logistics, storage and conditioning services, fertiliser delivery and financial solutions - from Nueva Palmira warehouse and from other assets that the company operates in Uruguay's main agricultural areas.
For more information, visit HERE.
The Global MillerThis blog is maintained by The Global Miller staff and is supported by the magazine Milling and Grain
which is published by Perendale Publishers Limited.
No comments:
Post a Comment