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ADM diverts operations after explosion

04-Nov-2008

Related topics: Business, Cereals and bakery preparations

ADM said it intends to meet all of its obligations to customers following an explosion at one of its grain elevator facilities which ships thousands of tonnes of soybeans, corn, wheat and soybean meal.

David Weintraub, spokesman for Archer Daniels Midland Company (ADM), said in a statement:“We are going to repair the Destrehan facility. In the mean time, we will operate out of our St. Elmo facility, which will be sufficient to ensure continuity of operations.

“Since 2005, ADM has used this facility as a grain elevator and export house.”

Reports suggested that the explosion at the Louisiana facility, which occurred at around 1:15am on October 30, was caused by grain dust.

No one was injured.