Molinos Agro and the Argentine Cooperatives Association agreed to partner in the construction and operation of a new soybean crushing plant in Timbúes, in the northern Greater Rosario area of Santa Fe province.
The project will require an estimated investment of 500 million dollars and will be built on land owned by ACA in the town, where its Terminal Puerto Timbúes export complex already operates.
The new oilseed plant will have a soybean crushing line with capacity of 15,000 tonnes per day, along with silos to store beans, meal and oil, and connections to existing reception and port facilities on the site.
Molinos Agro will hold a 65% stake in the new company or joint venture. The transaction still requires conditions and implementation agreements to be completed, but it has already been reported to markets and the National Securities Commission.
For Molinos Agro, the project represents a major scale-up. The company expects to initially operate around 10,000 tonnes per day, adding to the 20,000 tonnes per day it already processes in San Lorenzo and increasing its soybean-processing capacity by 50%.
ACA will contribute strategic assets and a nationwide cooperative presence. The association links an Argentine-owned agroindustrial company with a century-old cooperative network, dozens of development centres and a high volume of grain and oilseed commercialisation.
Construction is expected to take approximately three years. The plant will be the first stage of a master plan that could incorporate new crushing lines, another dock on the Paraná River, more storage, expanded truck yards and a second module of dumping platforms.
The economic rationale combines port logistics, international demand for soybean meal and oil, biofuels and the expectation of a gradual reduction in export duties from 2027. For Santa Fe, the investment reinforces the agro-export corridor's role as the country's industrial and port hub.
