August 7/Karachi, Pakistan/Right Vision News -- Archer Daniels Midland Company (ADM) announced it will increase its South American oilseed crush capacity by more than 25% with the construction of a major new soybean plant in Paraguay.
The new plant, with an anticipated daily crush capacity of 3,300 metric tons, will be located adjacent to an ADM fertilizer-blending plant in Villeta, near the capital city of Asuncion, and will benefit from proximity to a nearby port facility on the Paraguay River. This location will increase local crop-origination and export capacity and enable the company to import fertilizer components more cost-effectively. Construction began in June and is expected to be complete in 2012.