KYIV. July 7 (Interfax-Ukraine) – Investment of Nibulon into the launch of a river handling terminal near Voznesensk (Mykolaiv region) totaled UAH 450 million, the company’s press service has told Interfax-Ukraine.
“The cost of the high-tech terminal located on 12.5 ha was some UAH 450 million,” the company said.
The terminal can store 76,000 tonnes of grain, the daily capacity of dryers is 4,000 tonnes, and the daily loading capacity is 12,000 tonnes.
“We are not frightened with competition. We have a strategy designed. Ukraine has good prospects for harvest of 80-100 million tonnes of grain every year. Exports this year is planned at 39 million tonnes. The figures would grow to 60-70 million tonnes,” Nibulon Director General Oleksiy Vadatursky said.
He said that the company is ready to export 8 million tonnes of grain every year. Last agricultural year Nibulon exported 4.56 million tonnes of grain.
Vadatursky believes that the launch of the new terminal would help local farmers to have the more attractive price with the reduction of expenses on grain transportation.
In two weeks the company seeks to finish dredging works on the Pivdenny Buh River to start shipping grain from Voznesensk to Mykolaiv.
Nibulon was created in 1991. It is one of the largest operators in the grain market of the country. The company has elevators with a total capacity of more than 1.7 million tonnes, as well as own transshipment terminal in Mykolaiv.
