World Grain - November 2011 - 90

SUPPLIERNEWS

Cimbria supplies Bunge’s Port of Swinoujscie
SWINOUJSCIE, POLAND — Recently, Cimbria’s representative in Poland, Buttimer Polska Sp. Z.o.o., signed a major contract to supply materials handling equipment and loading chutes to Bunge’s brand new storage facility at the Port of Swinoujscie. Cimbria said this equipment allows Bunge to receive vessels of the Handymax and Panamax type and strengthens its presence in the Polish market. The order for Bunge consists of 11 belt conveyors with a belt width from 800 to 1,400 mm and a capacity ranging from 200 to 800 tph, 14 chain conveyors with a capacity from 160 to 500 tph and six bucket elevators with a capacity ranging from 250 to 500 tph. Furthermore, Cimbria has supplied Q-piping systems, including diverters and connecting boxes in sizes of Q40 and Q55, all manufactured in 5 mm hot-dip galvanized execution. In addition, Cimbria Moduﬂex has supplied 3 x HDF400 loading chutes with integrated ﬁlter units and multi-purpose heavy duty outlets. Cimbria said that the total contract for the materials handling and related equipment came to approximately €3 million. The Port of Swinoujscie has more than a 12 m draft, and it is suitable for loading and unloading of large vessels such as Handymax, which is typically 150-200 m in length and between 20,000-30,000 dead weight tonnage (DWT), and Panamax, which is typically up to 275 m in length and between 45,000-55,000 DWT. The 132 m x 50 m x 32 m facility was initially designed as a single ﬂat warehouse, with a storage capacity of 45,000 tonnes of soy meal that was typically imported from Bunge crushing plants in Argentina and Brazil. Cimbria said that shortly after commencing construction of the main storage facility, Bunge increased the storage facility by another 5,000 tonnes by adding a new 32 x 30 x 23 m building. This silo will primarily be used for the export of rape meal from Bunge plants in Poland but will also be used for other types of grain. Cimbria said the facility, which was put into service earlier this year, is able to handle a total of 1 million tonnes annually, 700,000 tonnes as import and 300,000 tonnes as export. The new facility was built in accordance with the latest standards, including ATEX classiﬁcation, while at the same time also complying with Bunge’s internal

Cimbria supplied several chain conveyors and bucket elevators for conveying grain at Bunge’s Port of Swinoujscie. Photo courtesy of Cimbria. company standards on equipment, as well as to local port authority requirements, a challenge which required a good degree of cooperation between Cimbria, Buttimer Polska and Bunge. Cimbria noted that all the materials handling equipment has been chosen to comply with Bunge’s own design speciﬁcations calling for very low conveying speeds. For example, all the belt conveyors run at max. 2.0 m/s, the chain conveyors run at approx. 0.3 m/s and the elevators at approx. 2.5 m/s. These requirements necessitate the use of “oversized” equipment in order to meet the requirements of Bunge, just as a number of technical modiﬁcations on the handling equipment were required before Cimbria was able to qualify as a supplier to Bunge. For example, all bearings and drive arrangements are equipped with Food Grade oil or grease, just as the drive drums on belt conveyors and elevators are coated with a special anti-static rubber lining.

AGCO to acquire GSI
DULUTH, GEORGIA, U.S. —- AGCO, a worldwide manufacturer and distributor of agricultural equipment, on Oct. 3 announced that it has agreed to acquire GSI Holdings Corp. (GSI) from afﬁliates of New York-based Centerbridge Partners, L.P. for $940 million. With annual revenue of over $700 million, GSI is a leading global manufacturer of grain storage and protein production systems. Headquartered in Assumption, Illinois, U.S., GSI sells its products globally through more than 500 independent dealers. The transaction is expected to close before the end of 2011, subject to regulatory approval. “GSI is an excellent ﬁt with AGCO and will allow us to extend our reach in the agricultural industry and provide our customers with an even wider range of products and services,” stated Martin Richenhagen, AGCO’s chairman, president and chief executive ofﬁcer (CEO). “With its high quality products and services, recognized brands and global capabilities, GSI gives us strong positions in the grain storage
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and protein production segments and is well-positioned to beneﬁt from increases in global grain and food demand.” “Today marks the beginning of a very exciting chapter for GSI,” said Scott Clawson, president and CEO of GSI. “Through this combination we will create a stronger business for our customers and employees that will allow us to maximize our growth opportunities, both domestically and abroad. GSI’s long and proud history will continue as part of the AGCO family.” AGCO noted that its global presence along with its manufacturing and purchasing capabilities will provide additional opportunities to GSI for growth and operational efﬁciencies. GSI will also signiﬁcantly enhance AGCO’s sales and proﬁtability in its North American region. The transaction is expected to be immediately accretive to earnings and cash ﬂow. AGCO has received committed bank ﬁnancing from Rabobank to ﬁnance the transaction and reﬁnance existing credit lines.
November 2011 / World Grain / www.World-Grain.com

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World Grain - November 2011

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