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Argentine peanut firm Prodeman invests in corn processing plant

Argentine peanut firm Prodeman invests in corn processing plant

From La Nación · () Spanish

Translated from Spanish, summarized and contextualized by DistantNews.

At a glance

News Named sources Ongoing story
  • Argentine company Prodeman is investing in a new plant in Córdoba to process corn into semolina and flour, expanding beyond its peanut business.
  • The facility, set to open in January 2027, will initially process 150 tons of corn daily and has the potential to double its capacity.
  • This diversification strategy includes another project for a new Maní King brand plant to increase production of peanut-based snacks and products.

Prodeman, a leading Argentine peanut producer based in Córdoba, is diversifying its business by constructing a new plant dedicated to processing corn. The facility, located in General Cabrera, Córdoba, will produce semolina and flour, marking a significant expansion into new segments of the food industry. The company has not disclosed the investment amount for this project.

The new industrial unit is scheduled to commence operations in January 2027. It will have the capacity to process 150 tons of corn per day, yielding approximately 3,000 tons of semolina and flour monthly. Prodeman plans to potentially double this processing volume in a subsequent phase. The project includes a more than 2,000-square-meter industrial building equipped with state-of-the-art grinding machinery and an automated processing system.

This initiative is part of Prodeman's broader growth strategy to add value to other crops beyond peanuts. Gustavo Cavigliasso, a member of Prodeman's board, stated that innovation is integral to the company's identity and that after more than four decades, they continue to pursue new growth opportunities by incorporating technology and enhancing value in agro-industrial production. The company also plans to develop snacks and other corn-derived food products in the future.

In parallel, Prodeman is developing another plant for its Maní King brand, which will focus on expanding the production of roasted and fried peanuts, candied peanuts, peanut pastes, and snacks. This move is driven by the current food production plant operating at full capacity. The new infrastructure will also improve allergen management and reduce cross-contamination risks, crucial for supplying international markets and high-demand segments. Cavigliasso emphasized that the corn venture represents an opportunity to broaden their portfolio and develop new, long-term businesses.

DistantNews Editorial

Originally published by La Nación in Spanish. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.