1 minute read

LDC opens new Argentine grain, oilseed warehouse

Global agribusiness giant Louis Dreyfus Company (LDC) has opened its first grains and oilseeds warehouse in northwestern Argentina, World Grain reported on 7 July.

The new site in Río del Valle, Salta province, would be able to receive and condition different grains and oilseeds throughout the year. With a capacity of 2,000 tonnes in silos and an additional 70,000 tonnes in silo bags, it was expected to streamline logistics through its rail connection to the Belgrano Norte line, facilitating transport to agro-industrial and port complexes in Gran Rosario, Santa Fe province, World Grain wrote.

“This acquisition represents an important milestone for LDC’s growth strategy in Argentina, especially in the north, where investments began in 2021 with the expansion works and rail network construction for our Campo Largo warehouse in Chaco province,” LDC warehouse manager for South and West Latam, Daniel Giuliano, was quoted as saying at the time of the November 2022 purchase.

“The new Río del Valle warehouse will allow us to originate in a region with enormous potential to produce large volumes of corn and high-quality soyabeans in terms of protein and lipid content.”

Active in Argentina for more than 120 years, the Netherlands-based company operates two agro-industrial facilities in General Lagos and Timbúes and a port complex in Bahía Blanca, according to the report.

It also has commercial offices, grains and oilseeds warehouses and a cotton ginning plant in 24 locations across the country’s main agricultural regions.

This article is from: