(Photo: one of the plants belongs to T6, the JV between Bunge and AGD, where 20,000 tons of soybean are daily crushed )

Buenos Aires, September 24th. Finally, the Chinese Customs Authority approved seven crushing plants in Argentina to supply soybean meal to the Asian country. This was the last step after a mission came to the country to inspect the plants and the soybean export system, in August.

Sources in the oilseed industry told to eFarmNewsAr.com that this was a relevant step in the Chinese market opening process. This habilitation adds to the protocol signed between the two countries to admit the entering of the product. Now, the latest step is the formal registration of the soybean meal products in China, a process that the local industry hopes ending during the first months of 2020. “Also we are working to the approval of five more soybean crushing plants”, the sources explained.

By now, the seven plants habilitated are the following.

1.- Bunge facility in Ramallo. This terminal port was inaugurated in 2005, over the Paraná river in the Buenos Aires province and is one of the first when cargos arrive from the ocean. The facility has 3,000 tons per day crushing capacity.

2.- Cargill facility in Gobernador Galvez. This is the largest soybean crushing plant of Cargill around the world. There the company is able to process 13,000 tons of soybean per day.

3.- Louis Dreyfus Company in Timbúes. This is one of the newest crushing plants in Argentina. There, the company is able to process 4 MMT of soybean per year.

4.- Molinos Agro in San Lorenzo. Formerly named “Molinos Río de la Plata”, the company has a facility over the Paraná River, in the Santa Fe province, where it is able to process 20,000 tons daily.

5.- T6 in Puerto General San Martín. T6 is the joint venture between Bunge and local Aceitera General Deheza. There, the company is able to process 20,000 tons of soybean per day.

6. Renova in Timbúes. The company is a JV between Glencore via its subsidiary Oleaginosas Moreno and local company Vicentin. Inaugurated in 2013, it is the largest soybean complex in the world, with 30,000 tons of soybean daily processing capacity.

7.- Cofco in Timbúes. Timbúes is the farthest port terminal over the Paraná River, north of Rosario city. Here, former Noble company built its complex in 2005. Now, owned by Cofco, the plant has 9,500 tons/day of crushing capacity.