World Grain - October 2011 - (Page 44)

News Roundup ADM expands Danube River export network DECATUR, ILLINOIS, U.S. — Archer Daniels Midland Company (ADM), through its affiliate Alfred C. Toepfer International GmbH (ACTI), on Aug. 2 announced a strategic expansion of its grain origination, storage, transportation and export operations along the Danube River in Romania. The project includes 12 grain elevators along the Danube, one inland-storage elevator in Western Romania and a joint-venture export elevator in the Black Sea port of Constanta. “We see great opportunities to increase our origination and transportation capabilities along the Danube River in Romania, which has become a net exporter of grain and oilseeds over the past several years,” said Gary L. Towne, chairman of the management board of ACTI. “The Danube River export project creates an end-to-end network, giving us the ability to originate crops directly from farmers, transport and store them, and ultimately export them to markets around the world.” The network, which is similar to ADM’s originationthrough-export networks along the Paraguay River and Mississippi River, includes three river elevators at Giurgiu, and one river elevator each at Braila, Constanta, Corabia, Oltenita, Orsova and Zimnicea. ACTI is also constructing new elevators at Calarasi, Giurgiu and Moldova Noua and has acquired a barge fleet to connect the network of river elevators to the joint-venture export elevator recently finished in Constanta. In addition, ACTI has plans to construct elevators at Borduşani, Corabia and Galati. “This project is strategically important as we expand our origination network in Eastern Europe,” said Towne. “The storage facilities and export elevator are well positioned to give us additional capacity to move crops along the Danube River and to the Black Sea, while the addition of Toepferowned barges provides us with greater control of our supply chain and helps us achieve favorable transportation margins in what can be a volatile market.” Port ADM building port terminal in Nueva Palmira, Uruguay DECATUR, ILLINOIS, U.S. — Archer Daniels Midland Company (ADM) is constructing a port terminal at Nueva Palmira, Uruguay to meet corn, soy, wheat and soybean meal demands in Europe, Asia, Latin America and Africa. Located in the Zona Franca (specialized trading zone), the terminal will be the only facility at Nueva Palmira with the ability to load large, post-Panamax and Capesize vessels. “ADM continues to invest in South America as we expand the size and reach of our processing and transportation operations in the world’s key agricultural regions,” said Domingo Lastra, president, ADM South America. “As crop production in Paraguay, Bolivia, Uruguay and Brazil continues to increase, this new port terminal will be an integral part of regional export operations and will enhance our ability to connect the South American harvest to homes all over the world.” ADM’s Nueva Palmira port terminal will have a storage capacity of 180,000 tonnes. It is expected to handle 2.8 million tonnes of goods in its first year of operation, and it will employ approximately 100 people. The project is expected to be completed by the spring of 2013. United Grain, Russia to build terminal on Black Sea MOSCOW, RUSSIA — Bloomberg reported in late September that the United Grain Co., Russia’s state grain trader, has agreed to work with the Russia’s Transport Ministry and Krasnodar regional administration to build a terminal at the Port of Taman on the Black Sea. 44 The parties signed an agreement on Sept. 16, United Grain told Bloomberg. The facility will be able to handle at least 6 million tonnes of grain exports each year. United Grain spokesman Viktor Krupenin said in June that the terminal was expected to open by 2017. October 2011 / World Grain /

Table of Contents for the Digital Edition of World Grain - October 2011

World Grain - October 2011
Grain’s influence on global population trends
News review
Focus on Turkey
In it for the long haul
Deregulation shapes shipping market in Australia
Port developments
News Roundup
Thai rice plan controversial
A growing force in corn
Is biotech blooming in Europe?
A battle for China
Marketing maneuvers
Biofuels News Review
A new imaging method for millers
U.S. soy crushers face challenges
IAOM Eurasia
Flour trade prospects improve
Ridding your facility of rodents
Intersystems expanding Omaha facility
OCRIM school educates millers from around the world
Perten Instruments acquires TexVol Instruments
Food Protection Alliance names Schmitz as director
SternMaid to participate in Food Ingredients Europe
Insta-Pro International names Latin American sales manager
Alltech realigns leadership team
Advertiser Index

World Grain - October 2011