World Grain - June 2015 - (Page 12)

NEWSREVIEW News review Brought to you by World-Grain.com Ceremony marks opening of Whitewater Mill WEST HARRISON, INDIANA, U.S. - A ceremony to mark the opening of Whitewater Mill LLC was held April 17 in West Harrison, Indiana, U.S. Whitewater is a joint venture of two existing milling companies - Siemer Milling Co. and H. Nagel & Son. The program was attended by more than 200, including Indiana Lieutenant Governor Sue Ellspermann. Siemer Milling said the project received assistance from the state of Indiana, Dearborn County DQGWKH&LW\RI/DZUHQFHEHUJ 'HDUERUQ&RXQW\VHDW LQ¿QDQFLQJ and facilitating the construction of the mill. West Harrison is about 25 miles west of Cincinnati, Ohio, U.S., and the mill will be supplied with wheat principally grown within 125 miles, from the states of Ohio, Indiana and Kentucky. 7KH FZW ÀRXU PLOO FRQVWUXFWLRQ ZDV RYHUVHHQ E\ 6LHPHU Milling executives Vernon "Red" Tegeler, vice-president of producWLRQRI7HXWRSROLV,OOLQRLV86DQG6XQLO0DKHVKZDULRI(I¿QJham, Illinois, U.S. Maheshwari will serve as plant manager of the West Harrison facility. Primary contractors for the mill were Bühler, Inc. of Plymouth, Minnesota, U.S., equipment supplier; and Todd & Sargent of Ames, Iowa, U.S., which handled construction and installation. Wohltman &RQVWUXFWLRQRI(I¿QJKDPEXLOWWKHÀRXUZDUHKRXVH Richard C. Siemer, president of Siemer Milling, explained the thinking behind the decision to build the mill in West Harrison. "We are building a new mill rather than expanding our mills at Teutopolis or Hopkinsville, Kentucky, U.S., because the logistics of both supply and demand make the third location much more costeffective," he said. "Locating in the Cincinnati area has been of in- The new Whitewater LLC flour mill located in West Harrison, Indiana, U.S. Photo courtesy of Siemer Milling. terest to us for a long time. Recent customer expansions, and the opportunity to partner with Ted Nagel's company, gave the idea its ¿QDOSXVK´ While long based in Illinois, Siemer and Siemer Milling have roots in Cincinnati dating back to the 19th century. "Most Teutopolis ancestors lived in Cincinnati for a while before trekking west in the late 1830s," he said. "My great-grandfather, Joseph Siemer, was born there in 1857. So it's almost like going home again." Siemer Milling, headquartered in Teutopolis, was established in 1882. Nagel is based in Cincinnati and was established in 1853. ADM plans extensive improvements at Argentina port CHICAGO, ILLINOIS, U.S. - Archer Daniels Midland Company (ADM) announced on May 21 that it is investing in substantial improvements and expansions to its port facilities in Puerto San Martin in the Argentine state of Santa Fe, enhancing the company's capability to export grain and other agricultural products from the region. The improvements, which will include the construction of a new berth for barge discharge and the addition of storage capacity, are expected to be complete by early 2016. "From acquiring full ownership of our Black Sea terminals, to quadrupling the capacity at our port in northern Brazil, to this enhancement of our capabilities in Argentina, we are executing on our plan to diversify and expand our trade and origination territory," said Joe Taets, president of ADM's Agricultural Services business unit. The current export facilities in Puerto San Martin have an annual throughput of approximately 2 million tonnes. The improvements will increase annual capacity by 25%, to 2.5 million tonnes, allowing ADM to reduce its reliance on third-party facilities, which today are limiting the company's ability to export increasing volumes from 12 Paraguay. The expansion also will allow ADM to move a higher volume of products through its seamless, fully-owned network, helping the company to deliver on its goal of providing customers with an identity-preserved supply chain from origination to processing. "The improved Puerto San Martin facility, along with our export elevator just downriver in Arroyo Seco and our deep water port at Bahia Blanca, will have a total annual throughput capacity of 7.5 million tonnes, giving us the ability to take full advantage of expanding agricultural production in Paraguay and Argentina," said Taets. The Argentina expansion comes on the heels of ADM's announcement hat it is acquiring complete ownership of North Star Shipping and Minmetal, enhancing the company's European origination and transportation network through the addition of export facilities at the Romanian Port of Constanta on the Black Sea. And in February, ADM reached an agreement to sell to Glencore plc a 50% stake in its export terminal in Barcarena, in the northern Brazilian state of Pará, and to quadruple the terminal's capacity from 1.5 million tonnes to 6 million tonnes. June 2015 / World Grain / www.World-Grain.com http://www.World-Grain.com http://www.World-Grain.com

Table of Contents for the Digital Edition of World Grain - June 2015

World Grain - June 2015
Table of Contents
From the Editor-in-chief - Flour output data points to eating trends
Calendar of Events
News review - Ceremony marks opening of Whitewater Mill
ADM plans extensive improvements at Argentina port
Dangote Flour Mills hurts Tiger’s earnings
GrainCorp Oils increasing oilseed crushing capacity
Noble Agri appoints former ADM executive as CEO Jansen
Hovis names new CEO
Southern Africa nations facing food shortage
EBRD provides loan to Turkish edible oil producer
Gruma full steam ahead on European expansion
Oilseeds, grains push Wilmar earnings up 49%
GrainCorp earnings drop on smaller crop
ADM makes management appointments in key areas
ADM earnings surge on oilseed crush margins
Bunge returns to profit on soybean crushing
GrainCorp plans upgrades at 13 sites
Grain Market Review - Rice
Country Focus - Argentina
Technical Profile - Crustless pan bread favored in Argentina
Feature - Bridging a Gap
Feature - Chinese Reforms Creating Market Uncertainties
Feature - Investing in Food Security
Feature - Grain Storage and Handling Projects
Feature - IAOM Conference 2015
Feature - China, currency impacting markets
Feature - A new plan for Egypt
Feature - Team approach to marketing for Canadian grains
Canadian wheat customers share their experiences
Feature - IAOM MEA District Conference & Expo
Feature - Traders Utilizing Exchanges More than Ever
Supplier News
Product Showcase
World Grain Archive
Advertiser Index

World Grain - June 2015

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