August 19, 2014

New ADM export terminal in Brazil sees first departing vessel

Archer Daniels Midland Company has witnessed the first departing vessel from its new Barcarena-based export terminal in the northern Brazilian state of Pará.

The terminal is a significant addition to ADM's expanding logistical network in Brazil and offers an efficient pathway for the export of grain from key producing regions. ADM received approval to begin operations at the end of July.

"We are pleased to see operations underway at our new terminal in Barcarena," said Valmor Schaffer, the president of ADM (South America). "This terminal positions ADM to continue (growing) with Brazil's expanding agricultural production, particularly in the country's highly productive northern and western regions. (It) builds on our existing network, which uses inland waterways, rail, and truck transportation to move crops and products throughout Brazil."

ADM acquired the terminal in 2012. It currently has the capacity to handle approximately 1.5 million tonnes of grain annually. The organisation intends to expand the terminal's capacity to six million tonnes by 2016.