World Grain - July 2016 - 18

NEWSREVIEW

ADM purchases corn wet mill in Morocco
CASABLANCA, MOROCCO - Archer Daniels Midland Co.
(ADM) announced on June 1 that it has completed the acquisition
of a Casablanca, Morocco-based corn wet mill from Tate & Lyle that
produces glucose and native starch.
"We continue to anticipate growing demand from Moroccan customers in the food, feed, paper and corrugated board industries, and
we look forward to working with them to meet their needs," said
Chris Cuddy, president of ADM's Corn Processing business unit.
"We are excited to show customers in Morocco - and throughout
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not only will be providing great sweetener and starch products at

competitive prices, but will also be able to help customers meet a
wide variety of needs with an extensive and growing food and feed
ingredient portfolio."
The purchase comes after ADM completed the acquisition of several corn processing facilities in Europe last fall.
"Between this acquisition and the purchase of our former
Eaststarch facilities, we are continuing to strengthen our global position in the sweetener and starch market, and our ability to meet customer needs around the world," Cuddy said. "We are excited about
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with our customers and our shareholders alike."

Wheat Growers opens new grain elevator
KENNEBEC, SOUTH DAKOTA, U.S. - Wheat Growers, a grain and
agronomy cooperative in South Dakota and North Dakota, U.S., recently opened the Kennebec Elevator in Kennebec, South Dakota, U.S.
Over 250 patrons and guests were there to celebrate the elevators grand
opening. The shuttle loader facility has a rail shipping capacity of 80,000
bushels per hour and a 110-car circle track. That, combined with a total
truck receiving capacity of 60,000 bushels per hour, gives the Kennebec
Elevator the fastest dumping speeds in the industry, the company said.
The new site has a total grain storage capacity of 4.08 million bushels.
The Kennebec location is served by Dakota Southern Railroad that operates on the 41-mile, rehabilitated Chamberlain to Presho heavy-rail line.

Kennebec Elevator is located in Kennebec, South Dakota, U.S.

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July 2016 / World Grain / www.World-Grain.com
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World Grain - July 2016

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