ADM Sells Half of Barcarena Terminal to Glencore

first_imgzoom The U.S. food-processing and commodities-trading corporation Archer Daniels Midland Co (ADM) has reached an agreement to sell a 50 percent stake in its export terminal in Barcarena, in the northern Brazilian state of Pará, to Glencore.The ADM-Glencore joint venture that will own and operate the facility following the transaction also plans to quadruple the terminal’s capacity from 1.5 million metric tons to 6 million metric tons.In addition to its increased capacity, the upgraded terminal will be able to handle larger Panamax vessels, allowing the joint venture partners to connect global markets more efficiently.”Agricultural production is expanding rapidly in northern and western Brazil, and the Barcarena terminal is very well positioned to capitalize on that growth. By quadrupling that terminal’s capacity, we are also expanding our ability to serve growers here in Brazil, and meet customer needs here as well as in Europe, Asia and other key global markets,” said Valmor Schaffer, president, ADM South America. The transaction, which is contingent on regulatory approvals, is expected to close during the first half of this year.last_img read more

2 tons of seized ivory crushed to protest illegal trade

Ivory sculptures are on display before being crushed, Thursday, Aug. 3, 2017, in New York’s Central Park. The New York State Department of Environmental Conservation destroyed illegal ivory confiscated through state enforcement efforts. (AP Photo/Mary Altaffer) by Mary Esch And Joseph B. Frederick, The Associated Press Posted Aug 3, 2017 9:41 am MDT Last Updated Aug 3, 2017 at 1:00 pm MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email 2 tons of seized ivory crushed to protest illegal trade NEW YORK, N.Y. – Trinkets, statues and jewelry crafted from the tusks of at least 100 slaughtered elephants were fed Thursday into a rock crusher in Central Park to demonstrate the state’s commitment to smashing the illegal ivory trade.The artifacts placed ceremoniously onto a conveyor belt to be ground into dust included piles of golf-ball-sized Japanese sculptures, called netsuke, intricately carved into monkeys, rabbits and other fanciful designs. Many of the items were beautiful. Some were extremely valuable.But state environmental officials and Wildlife Conservation Society members, who partnered with Tiffany & Co. for the “Ivory Crush” of nearly 2 tons (1.8 metric tons) of ivory, said no price justifies slaughtering elephants for their tusks.“By crushing a ton of ivory in the middle of the world’s most famous public park, New Yorkers are sending a message to poachers, traffickers and dealers who try to set up shop right here on our streets,” said John Calvelli, the Society’s executive vice-president and director of the 96 Elephants Campaign. “We won’t stand for the slaughter of elephants. Nobody needs an ivory brooch that badly.”The sale of ivory across international boundaries has been banned since 1990, but the U.S. and many other countries have allowed people to buy and sell ivory domestically, subject to certain regulations that gave smugglers loopholes. Last year, the U.S. Fish and Wildlife Service instituted a near-total ban on the domestic commercial ivory trade and barred sales across state lines.Since August 2014, New York law has prohibited the sale, purchase, trade or distribution of anything made from elephant or mammoth ivory or rhinoceros horn, except in limited situations with state approval. Enforcement efforts have focused on New York City, the nation’s largest port of entry for illegal wildlife goods, state officials said.The ivory pieces sent to the crusher included more than $4.5 million worth seized by undercover investigators from Metropolitan Fine Arts & Antiques in New York City in 2015. In pleading guilty last week to illegally selling ivory, the store’s owners agreed to donate $100,000 each to the World Wildlife Fund and Wild Tomorrow Fund for their endangered species protection projects.Also headed for the crusher was a netsuke, depicting three men with a fish, worth an estimated $14,000, and a pair of elaborately carved ivory towers worth $850,000.More than 270 tons (245 metric tons) of ivory have been destroyed by governments and conservation groups in high-profile public events in 22 countries, according to the Wildlife Conservation Society.Some critics have argued that destroying ivory could drive up black market prices by increasing scarcity, thus encouraging more poaching. Others argue that it’s wasteful and that it would be better to sell confiscated ivory to pay for conservation efforts in poor African countries.Wendy Hapgood, founder of Wild Tomorrow Fund, said crushing events send a signal that laws banning the ivory trade will be strictly enforced.“It’s a way to tell the world that ivory shouldn’t be coveted, it should be destroyed. It belongs only on an elephant,” she said.___Esch reported from Albany, New York. read more

Thirteen monkeys killed in devastating fire at Woburn Safari Park

first_imgMonkeys at Woburn Safari Park, where 13 of their number where killed in a fire on TuesdayCredit:Alamy “When firefighters from Woburn and Dunstable Community Fire Stations arrived along with the water carrier from Toddington they found the outbuilding housing Patas monkeys was well alight and its roof had fallen in. ‘They fought the fire using fire hoses while wearing breathing apparatus to protect themselves from the smoke and fumes. The building was 90 per cent damaged by the fire. “The fire was spotted by security guards on a routine patrol.”An investigation by Bedfordshire Fire and Rescue Service concluded later that the fire started accidentally following a fault in an electricity generator housed in the same building as the monkey house.In the wild, ground-dwelling Patas monkeys are found in the grassland, open savannah and dry woodland of central Africa.They can grow up to 34in (85cm) in length, with a 30in (75cm) tail, and can live for around 20 years.Woburn’s troop of Patas monkeys shares a 16-acre enclosure with other species, but is housed at night during the winter months.The fire at Woburn Safari Park came after a blaze at London Zoo killed one aardvark and four meerkats in December.The blaze has led to the postponement of Tuesday’s planned annual stock-take at the zoo, in Regent’s Park.Every one of the zoo’s animals was due to be accounted for, but the stock-take has now been put on hold until FebruaryThe fire broke out in the animal adventure section of London zoo, destroying the cafe, shop and around half of the adjacent petting zoo, London Fire Brigade said.The world-famous attraction reopened to visitors on Christmas Eve. Monkeys at Woburn Safari Park, where 13 of their number where killed in a fire on Tuesdaycenter_img Thirteen monkeys have died following a fire in an enclosure at Woburn Safari Park. The fire broke out in the early hours of Tuesday in the Patas’ monkey house within the African Forest drive-through enclosure of the park in Bedfordshire.The Patas monkeys were killed when the roof on the building they were living in collapsed as a result of the fire.A spokesman for the park said: “Staff and fire crews attended the scene; however, devastatingly for everyone at the park, none of the 13 animals could be saved.”All other animals within the jungle drive-through enclosure are being monitored, but early signs suggest they have not been affected by the fire.Fire crews managed to put the fire out by 4.46am and firefighters said 90 per cent of the building was damaged. A Bedfordshire Fire and Rescue spokesman said: “Bedfordshire Fire and Rescue Service attended a fire at a monkey enclosure at Woburn Safari Park at 2.37am this morning. Want the best of The Telegraph direct to your email and WhatsApp? Sign up to our free twice-daily  Front Page newsletter and new  audio briefings.last_img read more