Ukraine: NIBULON launched a new grain terminal on the Southern Bug River

Source

APK-Inform

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The agricultural holding NIBULON put into operation a grain transshipment terminal on the river Southern Bug (Mykolaiv oblast, near Voznesensk). The investments in construction totaled 450 mln UAH, declared the press-service of the company.

According to the announcement, the simultaneous storing capacities at the terminal total 76 thsd tonnes of grains, the daily capacity of dryers - 4 thsd tonnes, the daily capacity of loading to water transport - 12 thsd tonnes.

The General Director of NIBULON, Oleksiy Vadaturskyy noted that the company does not fear any competition. They have developed a strategy for development of the company. In addition, Ukraine has good prospects of the general harvest at the level of 80-100 mln tonnes of grains per year. The exports in the current year will reach 39 mln tonnes. And the figures will continue rising to 60-70 mln tonnes.

According to him, in 2015/16 MY NIBULON exported 4.56 mln tonnes of grains, and the company is ready to increase the index to 8 mln tonnes.

The General Director added that local agrarians will receive additional income while selling their products at the transshipment terminal of NIBULON in Voznesensk raion. In the current marketing year, the terminal plans to accept 0.5 mln tonnes of grains. NIBULON already completed the dredging works on the river Southern Bug to start transporting grains from Voznesensk to Mykolaiv.

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