Daily Courier: Single Column

EGT, LLC Announces Investment to Expand Capacity of Its Export Terminal

EGT, LLC, a joint venture among Bunge (NYSE:BG), Pan Ocean America and Agtegra Cooperative, announced that it will nearly triple the current capacity of soybean meal (SBM) storage at its Longview, WA export terminal. The project, expected to be completed in the second quarter of 2025, also includes improving handling capabilities, enabling it to operate with greater speed, flexibility and efficiency.

“This investment will allow us to better serve our customers at both ends of our value chain, providing an additional export outlet for the incremental meal expected to be produced in the US, mostly influenced by higher demand for vegetable oil from the renewable diesel industry,” said Jason Gertken, EGT’s President. “We are excited to reaffirm our commitment to the Longview community with this expansion.”

EGT’s terminal handles up to 150 vessels per year, with an annual throughput capacity of approximately 9 million metric tons.

About EGT, LLC

EGT, LLC is a joint venture between Bunge, a global leader in agribusiness, food and ingredients, Pan Ocean America, an affiliate of Harim, an integrated Korean company that operates agri-trading & logistics business, and Agtegra, a farmer-owned cooperative. The Company owns and operates a state-of-the-art export grain terminal at the Port of Longview, Washington as well as four facilities in Montana designed to supply the export terminal.

Contacts

Media Contact:

Bunge News Bureau

Bunge Limited

914-272-0297

news@bunge.com

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.