Explosion in crushing at Argentine port should reduce capacity

An explosion at a joint venture facility in Argentina will likely lead to reduced soybean meal and soybean oil capacity for several weeks, AgriCensus reported Oct. 21.

The incident occurred on Tuesday, October 20, at the Terminal 6 facility in San Lorenzo, a joint venture between global agribusiness giant Bunge and Argentine agricultural products company Aceitera General Deheza SA (AGD), AgriCensus said.

Bunge confirmed the incident but declined to comment on the level of damage to the plant, AgriCensus said. However, market and trade sources said the explosion occurred in a 10,000 ton/day crusher drying unit.

Continues after form
{module 443}

“No employees were injured and the situation is under control. We will be conducting a detailed investigation of the incident to determine the cause and when we can expect to safely resume operations,” Bunge told AgriCensus in a statement.

Supplies of soybean meal and oil increased by 2-3% the day after the incident at the Up River port complex.

The complex housed the world's largest crushing center and was the largest exporter of soybean oil and soybean meal, AgriCensus said.

The Bunge/AGD plant was not in operation at the time of the incident due to a 24-hour strike at the facility.

“The damage is mainly to the drying unit and is not major, so it should not cause major delays (in exports). I think delays would/could be due to safety/security reasons for people getting back to work,” said a Buenos Aires source cited by AgriCensus.

“It was the toaster on a line in the crushing plant. Port facilities are not affected, nor is the second line. Still assessing the damage and not very clear on when they will resume operations,” another source said.

It was reported that commercial sources estimated repairs would take two months, however, any reduction in crushing volume would likely be minor due to a predicted increase in capacity on the unaffected second line and a general excess capacity at the port complex, AgriCensus said.

Crush rates in Argentina in September were 6% below the five-year average due to a lack of producer sales.

Source: OFI Magazine

READ TOO:
{module 441}

Facebook
twitter
LinkedIn

Aboissa supports

Stay up to date with news
and the best opportunities in
agribusiness – sign up now!

Asia

Saudi Arabia

Bangladesh

China

singapore

South Korea

United Arab Emirates

Philippines

India

Indonesia

Iraq

Jordan

Lebanon

Malaysia

Oman

qatar

Türkiye

Vietnam

Hong Kong

America

Argentina

Bolivia

Brazil

Canada

Chile

Colombia

Ecuador

U.S

Guatemala

british virgin islands

Mexico

Nicaragua

Panama

Paraguay

Peru

Uruguay

Suriname

Venezuela

Dominican Republic

Costa Rica

Cuba

Africa

South Africa

Algeria

Cameroon

Costa do Marfim

Egypt

Liberia

Morocco

Sierra Leone

Sudan

Kenya

Tunisia

Mauricio Islands

Europe

Albania

Germany

Belgium

Bulgaria

Spain

Finland

France

England

Italy

Lithuania

Poland

Portugal

Russia

Türkiye

Serbia

Sweden

Switzerland

Ukraine

Cyprus

Estonia

Ireland

Romania

Oceania

Australia

New Zealand

Request a quote!

Fill out the form and get support for your business needs.
Our experts are ready to offer customized solutions.

*We are currently not working with intermediaries.

By providing my data, I agree with the Privacy Policy.