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BW Governor Daniels Hosts Groundbreaking for Louis Dreyfus Soybean Processing and Biodiesel Plant in Indiana

KANSAS CITY, Mo. () April 20, 2006 Governor and Lt. Governor of Indiana hosted a groundbreaking on the site of the Louis Dreyfus Soybean Processing and Biodiesel Plant to be constructed just southwest of Claypool, Indiana. The event was also attended by Indiana 3rd District Representative Mark Souder and other state and local government officials as well as the general public from Claypool and the Northern Indiana area.

Louis Dreyfus will soon begin construction of the facility that will process nearly 50 million bushels of soybeans per year, producing over 1 million tons of soybean meal for livestock and poultry feed and 80 million gallons of biodiesel for blending into motor fuel. This biodiesel plant will be the largest in the United States and one of the largest in the world.

Ciro Echesortu, head of global oilseeds for , said: "The vision, the support and the cooperation of Governor Daniels, Lieutenant Governor Skillman, their staff, the town of Claypool and Kosciusko County were all essential in bringing this Louis Dreyfus soybean processing and biofuels investment to Indiana. We feel very welcome here and are confident Claypool will be a good location to source soybeans and to sell soybean meal to the feed markets in Indiana and the Southeast as well as to sell biodiesel for blending in Indiana and the surrounding Midwestern states."

The has merchandised and traded bulk agricultural commodities in international markets for more than 150 years. Louis Dreyfus is conducting its commodities merchandising and trading activities through a newly formed holding company, Louis Dreyfus Commodities. Louis Dreyfus is one of the world's oldest and largest merchandisers of grains and oilseeds, with companies operating in more than 50 countries. Louis Dreyfus Commodities has major oilseeds processing, sugar refining and ethanol production facilities in South America and is developing additional biofuels assets in the United States.

Louis Dreyfus Commodities North America operates export grain elevators in Houston, Beaumont, Seattle and Port Cartier on the St. Lawrence River along with a group of new high speed grain origination elevators in the Canadian interior. Major North American trading offices are located in Calgary (Alberta), Kansas City, Minneapolis, Memphis, Puebla (Mexico) and Wilton (Connecticut).

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