BSBIOS acquires La Paloma Industrial Complex with biodiesel factory and soybean crusher in Paraguay

BSBIOS acquired the La Paloma Industrial Complex, a company located in La Paloma del Espíritu Santo, in the Department of Canindeyú, in Paraguay. The contract was signed this Thursday (05/01) in the city by Erasmo Carlos Battistella, president of BSBIOS, and La Paloma partners Darci Ricardi, Massimiliano Corsi and Sidney Wedderhoff. The acquisition reaffirms the position of diversifying investments, internationalizing the company and advancing in raw materials and renewable energy, reinforcing the commitment to the sustainable development of Paraguay and meeting the growing demand for biodiesel in the region.

BSBIOS is already developing its commercial relations in Paraguay, through the investment project in the Omega Green advanced biofuels biorefinery, and now has a soybean crushing and biodiesel production unit, which will be called BSBIOS La Paloma.

“We are proud to take this next step. This operation reinforces our belief in the potential of Paraguay, where we are investing with the intention of expanding our international operations”, explains Battistella. “With BSBIOS La Paloma, we will have the opportunity to source our own raw materials in an integrated way with producers in the region, in addition to advancing in the certification of suppliers to consolidate increasingly sustainable operations throughout the chain,” he declared.

The businessman also highlighted that the region allows the operation to grow in the coming years. “It is with this vision of growth, continuous investments and generation of jobs and income for the communities that we are arriving in Canindeyú, just as we have done in all the regions where we operate”, highlighted Battistella.

“We are very happy with the operation. This step is a very important milestone for the productive community of Canindeyú and will strengthen the national industry”, said Massimiliano Corsi.

Industrial complex

The complex has the capacity to produce 7 million liters of biodiesel per year, based on vegetable oils, and has the capacity to crush 50 thousand tons of soybeans per year, producing around 38 thousand tons of bran, soy hulls and vegetable oil. The unit also has grain and soybean meal storage capacity, which will allow the company to carry out tranding (a type of investment in the financial market) of other grains. Local employees will be maintained at the unit, which has a total area of ​​15,3 hectares.

The plant is located in the Department of Canindeyú, which is the third largest soybean producer in Paraguay, occupying around 680 thousand hectares of area. Its urban center is located just 5 km from the Francisco Álvarez district, approximately 195 km from Ciudad del Este and 35 km from Salto del Guairá. Opened in 2018, the La Paloma Agroindustrial Complex is the result of an investment made jointly by Darci Ricardi, a Paraguayan soybean producer, and Maximiliano Corsi, an Italian investor.