US food processing and commodity trading firm Archer Daniels Midland (ADM) opened a new bulk commodity transport silo on the River Danube in Silistra, Bulgaria on 21 June.
The Port ADM Silistra silo, with a 20,000 tonnes of capacity, was built close to the village of Aydemir in northeast Bulgaria to accommodate the area’s strong agricultural production, ADM said in a statement.
The silo would add incremental volumes to ADM’s Black Sea exports and provide local farmers with access to transportation networks connecting Eastern Europe to global markets.
“With expansions such as Port ADM Silistra, ADM will be well positioned to meet rising customer demand across the region and simultaneously help local farmers to grow their businesses and broaden their horizons,” said Ivaylo Georgiev, ADM chief commercial manager.
ADM said the project was completed with support from the Silistra municipality and the Invest Bulgaria agency.