Information for fruit and vegetables business in CIS
Ukraine: Nibulon increases vegoil shipping capacities
Agricultural enterprise Nibulon started construction of the third launch complex of trans-shipping terminal. The scheduled step of the investment project started in 2002 will be construction of 4 silos with total capacity 22,000 tonnes. The cost of new complex will make up $5 million.
The new complex will increase production capacity of the terminal to 20,000 tonnes per day, make possible storage of different grains separately and grain processing. Carrying capacity of the complex makes 30 trucks per hour and 90 rail cars per day.
Danish bank DANSKE BANK gave Nibulon a long-term credit ($663,000) for purchasing transport and technical equipment for the project.
Nibulon is one of the largest producers and exporters of grains and oilseeds. In 2004/05 the company exported 1.3 million tonnes of grains and oilseeds.