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Fazendão Invests R$ 500 Million in 800,000 m² Soy Processing Facility in Tocantins to Process 800,000 Tons of Soybeans Annually and Create 1,300 Jobs

Author profile image Maria Heloisa Barbosa Borges
Written by Maria Heloisa Barbosa Borges Published on 21/09/2026 at 23:21 Updated on 21/09/2026 at 23:22
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Fazendão’s factory in Luzimangues is situated at the junction of the two segments of the Norte-Sul highway. In April 2026, the Tocantins-based group signed an agreement to sell it to a consortium formed by Amaggi, Louis Dreyfus, and Zen-Noh.

Fazendão Agronegócio invested R$ 500 million in a soybean processing industry in Luzimangues, located in the Porto Nacional (TO) district. The facility spans an area of 800,000 square meters and has the capacity to crush approximately 800,000 tons of soybeans annually. From the soybeans, it produces meal and oil.

The factory was inaugurated on October 25, 2024, with Governor Wanderlei Barbosa in attendance. Eighteen months later, the company signed a binding memorandum to sell the facility to ALZ Grãos, a partnership between Amaggi, Louis Dreyfus Company, and Zen-Noh. The sale is still subject to approval by CADE (Administrative Council for Economic Defense).

What Comes Out of the Factory

Soybean Harvest - Photo: Bloomberg
Soybean Harvest – Photo: Bloomberg

Crushing soybeans involves separating the grain into two parts. The larger portion becomes meal, which is rich in protein and primarily used in feed for poultry, pigs, and cattle. The other part is degummed oil, a crude oil that has undergone initial cleaning and is sent to refineries or biodiesel plants.

With the new facility, the group’s industrial production has achieved a new scale. According to Fazendão itself, the company processes over 1 million tons of soybeans annually. This yields more than 700,000 tons of meal and 200,000 tons of degummed oil.

Why the Factory Was Located in Luzimangues

R$ 500 million Factory in Porto Nacional (TO) can crush 800,000 tons of soybeans annually, located along the Norte-Sul highway and is being sold to ALZ Grãos.
R$ 500 million Factory in Porto Nacional (TO) can crush 800,000 tons of soybeans annually, located along the Norte-Sul highway and is being sold to ALZ Grãos.

The choice was logistical. Porto Nacional is where the Norte-Sul Railroad changes operators. To the north, about 720 kilometers of tracks operated by VLI lead to Açailândia (MA). To the south, Rumo Logística’s stretch extends approximately 1,537 kilometers to Estrela d’Oeste (SP).

The factory was built in the industrial district of Luzimangues, next to the railroad. On the VLI side, cargo reaches the Arco Norte, the network of routes that transports grains from the Central-North to the ports in the North and Northeast. The main outlet is the Porto do Itaqui in São Luís (MA).

The route to Santos

The other outlet goes through Gurupi, in southern Tocantins. There, the group set up a transshipment terminal, where grains are transferred from trucks to trains on the Rumo stretch, heading to the Port of Santos.

This route is already operational. Since late 2025, according to the company, weekly shipments of soybean meal have been leaving Gurupi for Santos, with about 80 wagons per week. With Itaqui to the north and Santos to the south, the group can choose the port based on freight costs and the cargo’s destination.

The sale to ALZ Grãos

The agreement was announced in April 2026. ALZ Grãos had already been involved in the trading and storage of grains in Matopiba, the agricultural frontier region between Maranhão, Tocantins, Piauí, and Bahia. With the factory in Luzimangues, the three companies are entering the soybean crushing business in the region for the first time.

While the deal awaits approval from Brazil’s antitrust authority, Cade, the transaction is not finalized. Fazendão stated it will focus investments on new growth areas while maintaining the rest of its operations in Tocantins.

What continues with Fazendão

Volney Aquino, CEO of Fazendão Photo: Fazendão
Volney Aquino, CEO of Fazendão Photo: Fazendão

The company was founded in 2004 as a store in Gurupi. Today, it has 11 units in Tocantins, Pará, and Mato Grosso, claiming revenues of over R$ 4 billion per year. It is led by businessman Volney Aquino.

Outside of Luzimangues, the group operates the crushing facility in Cariri do Tocantins, with a capacity of about 650,000 tons of soy per year. It also has warehouses in Alvorada, Divinópolis, Santa Rosa, Peixe, Fátima, Cariri, and Porto Nacional, totaling more than 700,000 tons of capacity. According to the company, its operations hold two European sustainability certifications required by foreign buyers: ISCC EU and 2BSvs.

The corn ethanol plan

The second phase of the Luzimangues complex planned for corn ethanol and biodiesel. The main feature was a plant producing 350,000 liters of ethanol per day, the first of its kind in Tocantins. The inauguration was announced for the first half of 2025.

At that time, Aquino stated that proximity to fuel distributors in Porto Nacional would facilitate the sale of ethanol and biodiesel. The agreement with ALZ Grãos concerns the soybean crushing unit.

Jobs and impact on the state’s harvest

The projection for the complex was about 300 direct jobs and 1,000 indirect jobs. When the factory was announced, the group had over 700 employees.

The size of the factory becomes evident when compared to the harvest. Conab estimates that Tocantins will yield 6.015 million tons of soybeans in the 2025/26 harvest, a 12.4% increase over the previous year.

Only the Luzimangues unit can crush approximately 13% of that harvest (calculation based on both figures). The future owner of the factory now depends on the decision of Cade.

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Maria Heloisa Barbosa Borges

I cover construction, mining, Brazilian mines, oil, and major railway and civil engineering projects. I also write daily about interesting facts and insights from the Brazilian market.

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