Glencore Agriculture announced that it has completed the acquisition of Everi port terminal in Ukraine from OREXIM group of companies. Glencore considers Everi as a leading vegetable oil export terminal in the city of Mykolaiv, offering storage and loading services to first-class international and domestic clients.
“This acquisition reinforces our long term commitment to the agriculture sector in Ukraine and establishes Glencore Agriculture 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,” Glencore Agriculture CEO David Mattiske commented.
Early August 2020, the AMCU authorized a Glencore International subsidiary, Renaisco BV (Rotterdam, Netherlands), for the acquisition of an equity stake in OREXIM sea port grain terminal.
Everi terminal facility was built in 2010 and last expanded in 2018. It has a static storage capacity of to 160,000 mt and can load up to 1.5 mln mt of vegetable oil per year for export destinations.