Abbey strengthens ADM oil seeds contract

Abbey Logistics Group has extended its oil seeds contract with Archer Daniels Midland (ADM) for three years, taking the relationship into its 30th year.

The contract involves transporting bulk oils and fats, such as rapeseed and palm oil, from the ADM sites in Erith and Purfleet to customers across the UK and northern Europe.

ADM is one of the world’s largest food companies supplying human and animal nutrition, with sales in excess of £48bn.

ADM commercial operations manager Adam Spaull said it had opted for a high proportion of the fleet to be dedicated to ADM, which will increase the already customer-strong service levels.

The contract extension follows Abbey’s recent £1.8m investment in 20 tankers this year, including liquid tanks from Van Hool and powder silo tanks from Feldbinder.

In its latest financial accounts to June 2022, Abbey achieved record sales of £67.5m and said it is on track for £75m sales to June 2023.