ADM expands its operations in Brazil by increasing crush capacity and acquiring Buckminster Química to meet the growing demand for sustainably sourced products.
Target Information
ADM (NYSE:ADM), a global leader in sustainably sourced solutions, has recently completed a significant investment in Brazil, expanding its operational capabilities in the oilseed processing sector. The company is set to increase its crush capacity at three existing facilities located in Campo Grande (Mato Grosso do Sul), Porto Franco (Maranhão), and Uberlandia (Minas Gerais), adding approximately 400,000 metric tons per year. This move is designed to meet the rising demand for oil seeds in both domestic and international markets.
Additionally, ADM has acquired a controlling stake in Buckminster Química, a refined glycerin producer based in Macatuba, São Paulo. Established in 1999, Buckminster Química operates a manufacturing facility focusing on bi-distilled vegetable glycerin, contributing to ADM’s goal of expanding its portfolio of sustainably sourced products. This strategic acquisition will enhance ADM's ability to supply a variety of industries with bio-based alternatives, reinforcing its commitment to sustainability.
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Industry Overview in Brazil
Brazil is one of the leading countries in the global oilseed industry, benefiting from a rich agricultural landscape and favorable climate conditions. The country has seen a steady increase in oilseed produ
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