MV Cargo plans to start assembling a ship loader for the grain terminal of global trader Cargil at the Yuzhny seaport in October 2018. “The berth is almost a half ready, and the silos are at the finish line. In autumn they will be able to accept first grain. In October we will start assembling the ship loader,” the company said on its Facebook page. The company said that as of the second half of September, the project to build a grain terminal was implemented by 85%, and the terminal will be capable of storing 290,000 tonnes of grain.
The length of the berth is 428 meters, depth near the berth is 15 meters and depth of the approaching canal is 16 meters.
“Our terminal is one of the deepest grain terminals in Ukraine and the Black Sea region, and, if necessary, the depth of the berth can be increased to 16 meters and the approach canal – to 19 meters. The length of the berth wall and depth will allow us to accept large-tonnage vessels, and modern equipment – to load a ship like Post-Panamax in two or three days,” MV Cargo said.
It is planned that after the launch of the terminal, the terminal will ensure transshipment of 10% of grain produced in Ukraine.
ASSEMBLING, MV CARGO, ODESSA REGION, SHIP LOADER, YUZHNY SEAPORT
BASF, an international chemical producer, is to invest EUR 2 million in a new plant that will produce concrete additives in the town of Obukhiv, Kyiv region, which is to open next spring, Managing Director (CEO) at BASF Ukraine Andreas Lier has said. “There will be about EUR 2 million in investment. This is our first investment in Ukraine. If it is successful, we will continue investing in this production. We have already been present in the Ukrainian market with these products for several years. We have been importing this product for a long time, but now we’ve decided we want to produce it here,” Lier told Interfax-Ukraine.
BASF’s National Development Manager Oleksandr Ruban says that the plant’s production capacity will be 10,000 tonnes of produce per year with the possibility of boosting the output in future. The plant is scheduled to be launched in March-April 2019.
Production in Ukraine will halve the price of concrete additives and will also allow the company to significantly increase its market share.
“Now we are bringing all the additives from abroad, and our share in the market is very small – less than 1%. We plan to grow up to 10% of the market in the first year,” Ruban said in a comment to the Kyiv-based Interfax-Ukraine news agency.
Governor of Kyiv region Oleksandr Horhan forecasts that the production of the additives at the plant in Obukhiv will speed up the pace of construction in Kyiv region.
“Kyiv region is the leader in construction. These additives will make frame-monolithic construction possible amid sub-zero temperatures, allowing construction all the year round. Now such additives are available on the market, but they are imported and expensive,” Horhan said.
One troy ounce=31.10 grams
Ukraine exported 8.652 million tonnes of grain from July 1, 2018 (the beginning of the 2018/2019 marketing year, MY July-June) to September 26, 2018, which was 8.6% less than by the same date of the previous MY. As of today, farmers exported about 5.06 million tonnes of wheat, 1.93 million tonnes of barley, 1.5 million tonnes of maize, Ukraine’s Ministry of Agrarian Policy and Food said on Wednesday.
In addition, 45,200 tonnes of flour was sold on foreign markets over the period under review.
The ministry also said that the volume of forecast wheat exports remained at the level that was recorded in the Memorandum of Understanding for 2018/2019 MY, signed by the ministry and grain market players on August 10, i.e. 8 million tonnes of food wheat and 8 million tonnes of coarse wheat.
National joint-stock company Naftogaz Ukrainy has accumulated enough volumes of natural gas in its underground gas storage facilities to steadily pass the autumn and winter period, Naftogaz Chief Commercial Officer Yuriy Vitrenko said at a press conference in Kyiv on Tuesday.
“Now there are some 16 billion cubic meters of gas in underground gas storage facilities. This is enough to pass winter with comfort,” he said.
Vitrenko said that there is a strong likelihood that after the completion of the heating season the company would have a good gas reserve in the storage facilities.
