September 22, 2011

Russia's United Grain to build terminal at Black Sea

Russia's state grain trader, United Grains agreed to work with the country's Transport Ministry and Krasnodar regional administration to build a terminal on the Black Sea port of Taman.

The parties signed an agreement on September 16, said United Grain. The facility will be able to handle at least six million tonnes of grain exports each year.

United Grain spokesman Viktor Krupenin said in June that the terminal was expected to open by 2017.