News

14 February 2018

IMC increased revenue by 1.7% in 2017

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The IMC agroholding increased its revenues by 1.7% to $ 126.8 million in 2017 compared to 2016. The total debt of the company was $ 64.5 million in 2017 against $ 87.2 million in 2016. The company’s strategic goal until 2020 is to achieve a leading position among European agricultural companies in the field of innovation.

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09 February 2018

Mega farm in South Carolina is taking too much groundwater

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Residents of South Carolina express their concerns on how a mega farm is affecting the environment. It has been speculated whether the farm is taking too much groundwater and using too much fertilizers. It turned into a broader discussion.

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08 February 2018

Agroprosperis concluded the first in Ukraine grain swap deal

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Agroprosperis concluded a swap deal for the supply of 10,000 tonnes of maize in March 2018 on the Odessa CPT basis, with reference to the price indicator of Thomson Reuters. This financial instrument was used in Ukraine for the first time. According to Igor Osmachko, Director of Agroprosperis, this form of trade can be an effective tool for hedging...

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02 February 2018

Farm acquisitions to be more transparent in Australia

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New changes to federal laws are designed to make farm acquisitions more transparent in Australia. Local Australians are forced to advertise and inform through marketing that the farm is for sale. The reason for this change is the aim to give Australians more opportunities to purchase agricultural land ahead of foreigners. The concerns of the local population about foreigners owning farmland in Australia have become louder since 2015.

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01 February 2018

Nibulon launched a new processing line

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The Ukrainian agroholding "Nibulon" launched a modern line for processing grain waste into fuel briquettes. The waste was generated as a result of cleaning and drying grain and sunflower seeds. In total, from 50 tonnes of waste it is possible to produce 40 tonnes of fuel briquettes and 477 kg of vegetable oil.

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03 November 2017

Mriya on the path to repay its debts to foreign creditors

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Ternopil-based Mriya is now on the path to repay its debts ($ 1.1 billion) to foreign creditors. One of the signs of recovery is the fact that Mriya was accepted back to the American Chamber of Commerce in Ukraine in September 2017.

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19 October 2017

Kernel attracted a $ 200 million credit line

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Kernel, one of the largest Ukrainian agricultural groups, agreed with the syndicate of European banks to raise a credit line with a limit of $ 200 million. A three-year revolving credit line will be used to finance working capital in the production of sunflower oil in Ukraine. The company will invest $ 130 million in the construction of an oil refinery in Khmelnytsky region by 2020.

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