June 22 (SeeNews) - Chicago-headquartered Archer Daniels Midland (ADM) said it has opened its Port ADM Silistra silo in the Bulgarian city of Silistra, on the Danube river.
“With expansions such as Port ADM Silistra, ADM will be well-positioned to meet rising customer demand across the region and simultaneously help local farmers to grow their businesses and broaden their horizons,” Ivaylo Georgiev, chief commercial manager of ADM Bulgaria Trading, said as quoted in the statement.
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Additionally, the development of the silo has created new jobs in the local area, meaning a greater capacity to support trading and logistic operations in Bulgaria and Romania, the press release reads.
The facility will have a capacity of 20,000 tonnes and will be used to store, condition and transport bulk commodities.
ADM employs more than 32,000 people and its products are sold in more than 160 countries. The company produces food ingredients, animal feeds and feed ingredients, biofuels and others.