Aceitera General Deheza

completed

Aceitera General Deheza (AGD or the company) is one of the major agribusiness groups in Argentina. Its core business is oilseed crushing, where the company ranks in leading market positions for soybean, sunflower, and groundnut. The production comprises crude oil, pelletized meals, and refined oil. In addition to that the Group’s portfolio comprises confectionery peanuts, peanut butter and branded products such as mayonnaise, soybean milk, bottled oil, and other value added products. With a total oilseed volume crushed in 2003-04 of over 4 million tons, AGD is one of the largest crushers in Argentina, exporting over 90% of its production, working with about 6,000 farmers and supplying Argentina and 45 countries in five continents. The company has an annual turnover of about $1.2 billion and employs around 2,250 people.The project sponsor, Aceitera General Deheza S. A. is an Argentine agribusiness corporation whose principal activity is crushing and oil extraction from soybeans, sunflower-seeds, and peanuts. AGD ranks among the leading oilseed crushers in Argentina, exporting over 80% of sales, employing over 2,250 people, working with about 6,000 farmers and supplying Argentina and 45 countries in five continents. The project entails assisting the sponsor with implementation of its 2003-2006 investment program that includes: - construction of new warehouses; - crushing capacity increases; and - high-protein soybean meal production.