Vicentin

What Vicentin does

Vicentin S.A.I.C. is an Argentine agroindustrial company founded in 1929 in Avellaneda, Santa Fe, that processes oilseeds (soybean, sunflower, cotton) into vegetable oils, protein meals/flours, pellets, lecithins, biodiesel, and bioethanol. Core operations span four production sites in Argentina — San Lorenzo (the main industrial complex and owned Shipping Terminal on the Paraná River), Ricardone, Avellaneda, and the Timbúes facility co-developed with partners — delivering 21,000 tons/day of crushing capacity, ~1.35 million tons of storage, and 480,000 tonnes/year of biodiesel output through the Renova joint venture (with Glencore's Oleaginosa Moreno and Molinos Río de la Plata). The company exports globally through its own deep-water-capable port terminal, handling approximately 270 ships per year without vessel-size restrictions, and sells edible oils domestically under the Vicentin brand.

The business model is commodity-driven and largely B2B. Revenue streams include: (i) bulk agricultural commodity trading and export (soybeans, sunflower, cotton, oils, flours, pellets) via the Shipping Terminal with unit-based dock and elevator fees (USD 0.30 per TRN/day); (ii) refined edible oils under Vicentin and third-party brands; (iii) biodiesel, glycerin, and refined oils via Renova; and (iv) animal-feed proteins (soy flour, bran, pellets). Pricing follows market-indexed commodity models with disclosed port tariffs. Customers span international agro-export markets, food manufacturers, and biofuel markets (EU under RED 2009/28/EC), supported by comprehensive certifications (ISO 9001, ISO 14001, ISO 45001, GMP+, ISCC, CARBIO, KOSHER, HALAL).

Following Argentina's largest corporate default of approximately $1.3 billion in 2019, Vicentin underwent six years of bankruptcy proceedings. In 2025, Grupo Grassi SA acquired the operating assets through a cramdown process — the first such transaction in Argentine corporate history — establishing Nueva Vicentin Argentina. Under new management, the company has normalized its credit standing with the BCRA, executed first-instalment creditor payments, and is negotiating partnerships with Cargill and Bunge to manage international trading operations, while investing to restore industrial capacity.

Name

Vicentin

Legal name

Vicentin S.A.I.C.

Website

https://vicentin.com.ar

Company type

Private

Founded year

1929

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Vicentin is an Argentine agroindustrial company founded in 1929 that processes oilseeds (soybean, sunflower, cotton) into oils, protein meals, pellets, biodiesel and bioethanol, exporting globally through its own Paraná River shipping terminal. It serves international commodity markets, food manufacturers, and EU biofuel buyers under comprehensive quality and sustainability certifications.

Ownership category

akta.pro rank

Product category

Agroindustrial Oilseed Processing

NAICS

Soybean and Other Oilseed Processing (311224), Fats and Oils Refining and Blending (311225)

SIC

Fats & Oils (2070), Food And Kindred Products (2000)

akta.pro primary industry

Vegetable Oil Crushing & Refining (Soy, Canola/Rapeseed, Sunflower, Corn, Cottonseed) (AFAKAEAA)

akta.pro secondary industry

High-Oleic & Specialty Oilseed Oils (AFAJALAC)

Keywords

• Oilseed processing
• Vegetable oil refining
• Biodiesel production
• Soybean crushing
• Agroindustrial commodities

Headquarters

HQ city

Avellaneda

HQ country

Argentina

HQ region

Latin America

Offices6 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D

Revenue model

1. Agricultural Commodity Trading and Export: Vicentin trades and exports agricultural commodities including soybean, sunflower, cotton, and their processed products (oils, flours, pellets). Operations are conducted through the company's own Shipping Terminal on the Paraná River with no restrictions on ship size or draft.
2. Edible Oil Products: Production and sale of refined edible oils under Vicentin brand and other third-party brands, marketed in domestic and international markets. Products include sunflower oil, soybean oil, and neutral bleached cotton oil.
3. Biodiesel Production and Sales: Through Renova joint venture, Vicentin produces and commercializes biodiesel, glycerin, and refined oils. Renova leads national biodiesel production with 480,000 tonnes per year, operating the largest plant in South America.
4. Animal Feed Products: Production and sale of protein products including soybean flour, bran (afrechillo), cotton pellets, soybean pellets, sunflower pellets, and soybean husk pellets for animal feed.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

Vicentin is an agroindustrial company that processes oilseeds (soybean, sunflower, cotton) into refined vegetable oils, protein flours, pellets, and lecithins for international and domestic markets. Through the Renova joint venture, it also produces biodiesel, glycerin, and refined oils, operating the largest biodiesel plant in South America. A bioethanol plant produces fuel from maize/sorghum, and all products are exported globally via the company's owned Shipping Terminal on the Paraná River.

Product overview

Vicentin S.A.I.C. is an Argentine agroindustrial company that operates a multi-segment product portfolio focused on oilseed processing and biofuel production. The core business consists of Cereals and Oilseeds processing (soybean, sunflower, cotton) into vegetable oils, flours, pellets, and lecithins, marketed under the Vicentin brand for edible oils. A second major segment is Biodiesel, produced through the Renova joint venture (with Glencore and Molinos Río de la Plata), which operates the largest biodiesel plant in South America. Additional products include bioethanol from the Avellaneda plant, refined oils, and glycerin. The company exports through its own shipping terminal on the Paraná River and holds certifications including ISO 9001, ISO 14001, GMP+, OHSAS 18001, and ISCC.

Differentiator

Problem solved

Functional benefit

Products and services

• Cereals and Oilseeds Processing Processing of oilseeds (soybean, sunflower, cotton) into vegetable oils, protein flours, pellets, and lecithins for international and domestic buyers. Operations span three industrial plants with combined crushing capacity of 21,000 tons/day.
• Vicentin Pure Sunflower Oil Refined edible sunflower oil sold under the Vicentin brand in retail packaging sizes from 500cc to 5L, marketed in domestic and international consumer markets.
• Vegetable Oils (Crude and Refined) Crude oils (soybean and sunflower) and refined edible oils sold in bulk and fractionated formats for food industry and industrial buyers.
• Pellets and Flours (Animal Feed) Animal feed protein products including cotton pellets, soybean pellets, sunflower pellets, soybean husk pellets, soybean flour, and bran, produced as byproducts of oilseed processing.
• Lecithins Lecithin products derived from soybean and sunflower processing, used as emulsifiers in food and industrial applications.
• Biodiesel Biodiesel produced through the Renova joint venture, the largest biodiesel plant in South America with current national production leadership at 480,000 tonnes annually. Compliant with EU RED 2009/28/EC directive standards.
• Bioethanol Bioethanol produced from corn or sorghum at the Avellaneda plant, serving renewable fuel markets.
• Glycerin (Crude Glycerin) Crude glycerin produced as a byproduct of biodiesel manufacturing, used in various industrial applications.

Quantifiable outcome

• 21,000 tons/day crushing capacity
• +4 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Four partnerships are on record, tiered core and major.

• Molinos Río de la PlatacoreStrategic or Co-development Partner · 1 January 2010Joined as third partner in the Renova joint venture along with Vicentin and Oleaginosa Moreno S.A (Glencore). Together they developed a new port and crushing plant with energy generation in Timbúes, Santa Fe.
• Oleaginosa Moreno S.A (Glencore)coreStrategic or Co-development Partner · 1 January 2007Joint venture partner in Renova, initially formed in equal parts with Vicentin S.A.I.C. for production and commercialization of biodiesel, glycerin, and refined oils. The partnership established the largest biodiesel plant in South America, located in San Lorenzo, Santa Fe.
• Cargill Inc.majorStrategic or Co-development PartnerGrassi SA is in talks to bring in Cargill as a partner to manage international trading operations of the restructured Vicentin.
• Bunge Global SAmajorStrategic or Co-development PartnerGrassi SA is in talks to bring in Bunge as a partner, with focus on the Timbues soy processing plant where Bunge holds a 67% stake - the world's largest soybean processing plant.

Scale indicators8 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Bunge Global SA: Global agribusiness major and direct competitor in soybean crushing and oilseed processing in Argentina. Bunge already holds 67% of Vicentin's Timbúes plant and is in talks to formally partner with the restructured Vicentin, making it simultaneously a peer, JV partner and prospective capital partner.
• Cargill Inc. One of the world's largest agricultural commodity traders and oilseed processors, with significant Argentine crushing/origination presence. Cargill is in active discussions with Grupo Grassi to manage Vicentin's international trading operations, and competes head-to-head in soybean crushing and export.
• Louis Dreyfus Company: Global commodity merchant with major Argentine oilseed crushing operations. Louis Dreyfus (via a JV with Molinos Agro) was the objector creditor in Vicentin's cramdown, and directly competes in Argentine soybean crushing, oil exports and biodiesel.
• Aceitera General Deheza (AGD): Leading Argentine oilseed crusher and edible oil exporter with similar product portfolio (soy/sunflower oils, biodiesel, protein meals). Directly comparable scale and end-market exposure to Vicentin in Argentine and international markets.
• Molinos Río de la Plata: Major Argentine food processor (part of Pérez Companc group) and Renova JV partner with Vicentin. Competes directly in edible oils, flours and downstream food products while co-owning Vicentin's flagship biodiesel plant.
• Glencore Agriculture (Viterra): Global commodity trader with oilseed origination, crushing and export operations in Argentina via Oleaginosa Moreno Hnos. (OMHSA), Vicentin's Renova JV partner. Direct competitor in grain origination, soybean processing and biodiesel.
• Molinos Agro: Argentine oilseed processor and exporter that competed directly with Vicentin and was part of the Louis Dreyfus JV that objected to the cramdown. Highly comparable in product mix (oils, meals, biodiesel) and end markets.

Broad incumbents

• Archer Daniels Midland (ADM): Global agribusiness major with oilseed crushing, refining and biodiesel operations worldwide, including in South America. A broader incumbent with overlapping capabilities in oilseed processing and biofuel, though with a more diversified global footprint than Vicentin.
• COFCO International: Global agricultural commodity trader and oilseed processor with growing South American footprint. Competes with Vicentin in soybean origination, crushing and export, while offering broader portfolio across multiple commodities.

Regional players

• T6 Industrial (Grupo Romero): Peruvian agro-industrial group producing oils, biofuels and specialty oils, comparable to Vicentin in oilseed processing and biodiesel. A regional peer in Latin America rather than a direct Argentine competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/vicentin-s-a-i-c

Compliance9 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries2 records

Funding overview

Funding rounds5 records

Investors8 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Vicentin