KYIV. July 16 (Interfax-Ukraine) – Public joint-stock company State Food-Grain Corporation exported around 19,000 tonnes of flour in the2014/15 agricultural year (July-June), the company has reported, referring to the head of the corporation’s processing department Viacheslav Tsehelnyk.
“According to the calculations of APK-Inform agency, State Food-Grain Corporation was second among exporters of wheat flour in the 2014/15 agri-year. The corporation was fourth among supplies of flour products abroad,” Tsehelnyk said.
He said that in 2015/16 agri-year, the corporation plans to supply around 60,000 tonnes of wheat flour abroad and become a leader among exporters.
“We plan to expand sales markets for flour products to the following countries: China, Yemen, United Arab Emirates, Georgia, Slovakia and Azerbaijan,” he said.
As reported, the Agricultural Policy and Food Ministry appointed deputy director of Ukrspyrt Oleksandr Niman as deputy board chairman of State Food-Grain Corporation on July 8, 2015.
In August 2010, the government decided to create the State Food and Grain Corporation of Ukraine. The corporation has a chain of branches, comprised of grain storage facilities, flourmills, fodder factories and a cereals factory. The 53 subdivisions of the corporation can store a total of 3.75 million tonnes of grain, which includes the grain handling capacities of Odesa and Mykolaiv ports of around 2.5 million tonnes of grain cargo per year.
The State Food and Grain Corporation of Ukraine in late 2012 received the first tranche of $1.5 billion from the Export-Import Bank of China. The funds were to be allocated to carry out spot and forward purchases of four million tonnes of grain which would be shipped to China.
China National Machinery Industry Complete Engineering Corporation (CMCEC) is the operator under the contract, which was signed for a period of 15 years.
The corporation plans to export 3.5 million tonnes of grain by late 2015 under the Chinese contract.
