Agricultural commodities trader Glencore Agricultural Limited has finalised its acquisition of the Everi port terminal in Mykolaiv, Ukraine, from the Orexim Group.
The Everi terminal is a vegetable oil export terminal with a static storage capacity of 160,000 tonnes in 40 tanks, and a loading capacity of up to 1.5 million tpa of vegetable oil for export. It was built in 2010 and expanded in 2018.
‘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. We are excited to operate a best-in-class asset and we remain committed to delivering high standards of service to Everi terminal customers,’ says Glencore Agriculture Limited CEO David Mattiske.