Grupo Elementa to invest $100M to restart Argentina sunflower milling plant

Grupo Elementa acquired the idle Santa Clara sunflower milling complex from Molinos Río de la Plata and plans a $100 million investment to restart operations for the next campaign. The plant has been inactive since 2015, and the move signals a bet on Argentina's oilseed processing sector amid policy shifts. Uncertainty remains over financing, timeline, and market conditions.