Investments, Acquisitions and Funding

The facility can process 70,000 tonnes of raw materials a year, turning shea into butter and soybeans into oil and oilseed cake.

The investment will support international field trials, research and development, and partnerships with seed companies as the business expands its portfolio of crops designed to withstand environmental stresses.

The new Madrid office complements Olam Agri’s existing Barcelona operation, its first base in the country and the starting point of its Spanish business.

The facility is expected to process 80 million bushels of soybeans annually, producing about 1 billion pounds of soybean oil and 2 million tons of soybean meal.

The multifunctional silo comprises a 12,000-cubic-meter silo system and a modern hydrothermal processing plant for oilseeds, including soybeans and rapeseed.