The new facility will strengthen local oilseed processing capacity and expand Argentina’s vegetable oil and protein meal exports.
The investment marks one of the company’s largest capacity upgrades in recent years and underscores its commitment to supporting innovation and sustainable growth in natural ingredient solutions.
Ingredion’s proposed acquisition of Tate & Lyle will create a US$9.9 billion ingredients powerhouse focused on sugar reduction, texture solutions, fortification, and food innovation.
The partnership brings together two major agribusiness players as they target a food market worth more than US$12 billion in West Africa.
The continent increased investment and more than doubled its agricultural research workforce over the past two decades, but major gaps remain between regions.