ADM acquires Polish rapeseed oil, biodiesel producer

In Poland, Archer Daniels Midland announced the signing of an agreement to purchase a majority share of Elstar Oils S.A. Elstar, located in northern Poland, operates a rapeseed crushing, refining, solid-fat packaging and oil bottling facility in Czernin and a fully-automated biodiesel facility in Malbork.

The Company’s subsidiary Biopaliwa SA, located in Malbork, produces biodiesel components since 2008. In 2008, the Elstar Group completed the last stage of four-year long investment process, which resulted in an increase of the rapeseed crush capacity from 200 to 400 thousand tons annually.