By Andi Anderson
Louis Dreyfus Company (LDC), a leading merchant and processor of agricultural goods, is investing $1 billion to build a new soybean processing plant in Upper Sandusky, Ohio. The plant is expected to be completed in early 2024 and will create over 100 jobs.
The plant will have an annual soy crushing capacity of 1,500,000 MT, annual edible (RBD) soybean oil production capacity of 320,000 MT and annual lecithin production capacity of 7,500 MT. It will also provide an option to participate in renewable energy feedstock markets.
This new plant is part of LDC's strategic development to further strengthen its core merchandizing capabilities with additional capacity to originate and process US soy into value-added products. It will also leverage LDC's existing regional logistics network and synergies with its other integrated oilseed processing facilities in the region.
This is LDC's second soybean processing plant in the United States, in addition to its existing crushing, biodiesel refining, and glycerin and lecithin production complex in Claypool, Indiana. The company also has a canola processing plant in Yorkton (SK), Canada, which it is also expanding. This investment by LDC demonstrates its long-term commitment to North America as a key market for the company, both in terms of origination and distribution.
LDC's new soybean processing plant in Ohio is a significant investment in the US agricultural sector. The plant will create new jobs, boost the local economy, and provide additional capacity to process US soy into value-added products.
Photo Credit: Louis Dreyfus Company
Categories: Ohio, Crops, Soybeans