June 14, 2011


Cargill opens new grain and oilseed silo in Morocco



Cargill, Incorporated, a producer and marketer of food, agricultural, financial and industrial products and services, has inaugurated its new grain and oilseed silo in Morocco.


The US$15 million, 67,000-tonne storage facility is situated close to the port of Casablanca and is connected to transport networks by rail. The new silo will allow Cargill to improve the discharging rates of its vessels, allowing it to better manage its logistics. It will enable the company to grow its service to Moroccan customers in the flour milling and compound feed industry, including the growing sector of large scale customers who require whole vessel discharges and also small scale customers purchasing smaller quantities of grain. It also will open up new business opportunities for Cargill in Morocco.


Larbi Hamdouch, general manager of Cargill's grain and oilseeds operations in Morocco, said, "Morocco has a young, fast growing population with improved access to education. People's rising spending power is influencing dietary and food purchasing choices and this has led to an increasing consumption of vegetable oils and animal protein, adding to the existing high wheat consumption."


"This investment highlights our commitment to the country and its economy and will allow us to link more efficiently into Cargill's global network to connect surplus grain, from other parts of the world, to our Moroccan customers."

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