ADM Completes Major Enhancement of Chornomorsk, Ukraine, Oilseed Processing Facility
• Increased low-cost capacity will allow ADM to meet strong demand for meal, oil
• Addition of rapeseed crush capability offers additional flexibility
CHORNOMORSK, Ukraine, Nov. 28, 2016—Archer Daniels Midland Company (NYSE: ADM) announced today that it has reopened its oilseed processing facility in Chornomorsk (formerly Illichivsk), Ukraine, after completing a major expansion and improvement project that almost doubles the plant’s sunflower seed processing capacity and adds switch capacity that allows the plant to crush rapeseed.
“We are excited to reopen our improved and enhanced oilseed processing plant at Chornomorsk,” said Anton Povkhan, ADM general manager of EU Softseed Crush. “This expansion enables us to continue to efficiently grow our operations in Eastern Europe and meet the needs of our food and feed customers in the region. In addition, by adding switch capacity to the facility, we now have more flexibility to quickly and effectively respond to shifts in the marketplace.”
The expansions and enhancements include:
• Doubling the existing production lines in seed preparation;
• Replacing the extraction plant; and
• Installing an additional biomass boiler.
“Not only will these changes allow us to better serve our customers, but we’ll also be able to do so more efficiently,” Povkhan added. “Our new equipment, combined with the added switch capabilities, give us low-cost, competitive capacity to meet strong demand.”
ADM has a substantial presence in Ukraine, with more than 900 employees and a nationwide network that includes seven regional offices, six inland grain elevators, and a grain terminal at the port of Odessa, as well as the crush facility in Chornomorsk.