Global agribusiness giant Louis Dreyfus Company (LDC) has acquired a grain and oilseeds facility in the Trilí province of La Pampa, Argentina, World Grain reported.
The elevator would be ready to receive and condition grains and oilseeds in December following planned improvements and reactivation, the 26 October report said.
With a capacity of 1,600 tonnes in silos and 40,000 tonnes in silo bags, the plant would have the capacity to process significant volumes and different varieties of cereals and oilseeds throughout the year, LDC were quoted as saying.
The plant’s connection to the Domingo Faustino Sarmiento Railway would enable shipments of local production to LDC’s agro-industrial complex in General Lagos, Santa Fe, and its deep-water port complex in Bahía Blanca, Buenos Aires, World Grain wrote.
“The acquisition of this elevator represents a strategic investment to further reinforce LDC origination activities in the country, supporting logistics from the field to the port thanks to its rail connectivity and complementarity with the already existing LDC stockpiles in the provinces from La Pampa and Buenos Aires,” LDC stockpile manager for Latin America South and West at LDC Daniel Giuliano was quoted as saying.
The acquisition was LDC’s second facility in the province and its 11th in Argentina, the report said.
“The new plant will support LDC’s sustainable business roadmap, allowing the origination of cereals and oilseeds directly from agricultural producers in the region and guaranteeing 100% traceability … of … products,” LDC regional manager of sustainability of cereals and oilseeds María Victoria Capalbo added.