# Louis Drefyus plans $500M Ohio soy processing plant | Manufacturing Dive

> Louis Dreyfus will build a soybean processing plant in Upper Sandusky, Ohio, with capacity of 1.5 million metric tons of edible soybean oil and 7,500 metric tons of lecithin. The company will invest $500 million, and the plant gives it the option to supply renewable feedstock markets.

- Date: 2023-10-26 · published 2023-10-26T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/15272-louis-drefyus-plans-500m-ohio-soy-processing-plant-manufacturing-dive
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

New crush capacity increases soybean demand from processors and adds soybean oil supply, while the project reflects strong biofuel-driven demand for soybean oil.

## Read by commodity

- SBO: bullish ▲
- SOY: bullish ▲

## Sources

- manufacturingdive.com: https://www.manufacturingdive.com/news/louis-dreyfus-soy-processing-plant-biofuels/697493/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.