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"State Food and Grain Corporation of Ukraine" is investing $ 500 million to modernize facilities.

“State Food and Grain Corporation of Ukraine” is investing $ 500 million to modernize facilities.

Posted in News.

$25 million will be spent on modernization of the Odessa grain terminal.
“State Food and Grain Corporation of Ukraine” plans to modernize capacities the total amount of planned investment of about $ 500 million.
It is reported by the press service of the company.
“State Food and Grain Corporation of Ukraine” and its strategic partner, the company ssesiyami considering the possibility of implementation of joint large-scale projects for modernization of existing elevator capacities Corporation and construction of a new deep-water port terminal.
“About $ 25 million will be spent on modernization of the Odessa grain terminal, which will increase its capacity and reduce costs for loading ships. So, we will be able to receive ships PANAMAX class. In addition, the operational capacity of the terminal will increase to 120 thousand tons “,- said Acting Chairman of the Board Oleksandr Grigorovich.
According to him, about $ 130 million will be invested in the reconstruction of linear elevators and mills corporation, which will reduce production costs by more than 35%. The project also envisages the construction of new elevators in Kiev and Vinnitsa regions with a total capacity of 150 thous. tons.

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