Cargill continues investment in Brazil

In the last five years, Cargill has invested $1.2 billion in Brazil, with $320 million invested in 2013. Over the next two years, it is due to invest a further $500 million, which will mostly be spent on logistics upgrades and on expanding high value-added services.

The vast majority of the investment, which will take place between June 2014 and May 2016, will be in ports. This will amount to $200 million.Work includes increasing capacity at the port of Santarém from 2mt (million tonnes) to 5mt, mainly for soya. In addition, a river transshipment station will be built at Miritituba, also in the state of Paraná.