World Grain - October 2011 - 20

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ADM appoints new management in South America
DECATUR, ILLINOIS, U.S. — Archer Daniels Midland Company announced on Sept. 13 the appointments of Valmor Schaffer to president, ADM South America, and John Grossmann to vice-president, South American Oilseeds. “We believe our South American origination, processing and export businesses, which are vital to ADM’s overall growth strategy, will beneﬁt from the expertise and experience of Valmor and John,” said Juan Luciano, ADM chief operating ofﬁcer. “With their direction and extensive management backgrounds, ADM will continue to demonstrate the kind of outstanding performance we have achieved in this region in recent years.” As president, ADM South America, Schaffer will coordinate growth activity across all ADM business lines in the region and manSchaffer age ADM’s oilseed business in Brazil. ADM noted he brings a broad range of agribusiness expertise, a deep knowledge of ADM operations and an outstanding track record to his new role. He joined ADM’s Brazilian grain origination operations in 1999 and served as president, ADM Paraguay, and, subsequently, as general manager of the ADM-SAO joint venture in Bolivia, which included oversight of operations in Peru and Colombia. Schaffer has studied economics at Brazil’s Faculdades Integradas do Triângulo and earlier studied foreign trade at Universidade do Vale do Rio dos Sinos (Unisinos) in Brazil. In his new role, Grossmann will lead ADM’s South American oilseeds business, excluding operations in Brazil, and will report to Schaffer. He joined ADM in 1998 and has held various positions in ADM’s North and South American Oilseeds processing operations. He most recently served as president, ADM Paraguay. Grossmann is an agronomist who holds a master’s degree in business administration from the Brazilian university Fundação Getulio Vargas.

Pacific Coast Canola breaks ground on U.S. plant
WARDEN, WASHINGTON, U.S. — Paciﬁc Coast Canola, a subsidiary of Legumex Walker Inc., on Sept. 21 broke ground in Warden, Washington, U.S., to mark the start of construction of a new canola oilseed processing plant. At the ceremony, Paciﬁc Coast Canola ofﬁcials estimated that the new plant could create annual demand for as much as $200 million in new canola seed purchases. “We’re thrilled and proud to be a part of Warden,” said Joel Horn, Paciﬁc Coast Canola president and chief executive ofﬁcer. “We believe this plant will drive economic activity through the jobs it creates and through the opportunity local producers have to provide canola seed to our plant. Some very simple math tells us the size of that opportunity could be as much as $200 million a year.” Horn explained that the Warden plant has a designed operating capacity of 1,100 tonnes of canola seed every day. That translates into better than 2.4 million pounds of canola seed a day or about 837 million pounds a year. “We think this is a great opportunity for local producers to add canola to their crop rotations,” said Kevin Raymond, vice-president and general manager of Paciﬁc Coast Canola. “It makes agronomic sense and we think it makes great economic sense as well. Growers have already had positive experiences growing canola here and we think that our crusher will make canola an even more attractive crop. There’s the potential to outperform some of the traditional canola growing areas in North America and we’re eager to work with local producers to make the most of this opportunity.” The plant, which is expected to be completed and operational in late 2012 or early 2013, will be the 10th processing facility operated by Legumex Walker. The Warden facility will be the company’s ﬁrst in the U.S. and will produce expeller-pressed canola oil and highquality canola meal. The plant will be the ﬁrst commercial-scale canola crushing operation west of the Rocky Mountains and is well positioned to supply the expanding demand for canola products on the west coast of the U.S. Warden is in the heart of a multi-state region that is ideal for canola production and well-served by rail and surface transportation routes. Total cost of the plant is expected be approximately $109 million. The plant has a design output capacity of 142,500 tonnes of canola oil and 227,000 tonnes of canola meal per year. Paciﬁc Coast Canola is 85% owned by Legumex Walker and 15% by Glencore Grain Investment LLC.

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World Grain - October 2011

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