BAAR, SWITZERLAND — Glencore Agriculture Ltd. acquired a port terminal in Mykolai, Ukraine, from the Orexim group of companies.
The Everi port terminal is a vegetable oil export terminal that offers storage and loading services. The Everi terminal facility was built in 2010 and last expanded in 2018. It has a static storage capacity of 160,000 tonnes. It has the capacity to load up to 1.5 million tonnes of vegetable oil per year for export destinations.
“This acquisition reinforces our long-term commitment to the agriculture sector in Ukraine and establishes Glencore Agriculture Limited as a key and reliable partner within the global vegetable oil supply chain,” said David Mattiske, chief executive officer of Glencore Agriculture Ltd. “We are excited to operate a best-in-class asset and we remain committed to delivering high standards of service to Everi terminal customers.”
Glencore Agriculture is a global handling, processing and marketer of agricultural commodities and products company. It operates in more than 35 countries and employs over 16,000.