World Grain - June 2015 - (Page 20)

NEWSREVIEW GrainCorp plans upgrades at 13 sites SYDNEY, AUSTRALIA - GrainCorp said on May 11 that it is investing A$60 million ($40 million) to upgrade 13 country sites this year. The investment is part of the A$200-million, three-year Project Regeneration announced last June. The project involves developing a network of more than 50 high-capacity country sites WR VXSSRUW DQ HI¿FLHQW UDLO operation. This will reduce rail costs by A$5 per tonne, and return up to 1 million tonnes of grain to rail, GrainCorp said. The work at each site falls broadly into four categories: new country sites with new high-speed overrail loaders; new highspeed over-rail loaders at existing sites; upgrades to existing rail loading infrastructure; and capacity expansion. The 13 country sites to receive upgrades this year include: * New country sites: Yamala, near Emerald in Queensland and Calleen, near Ungarie in New South Wales. * New over-rail loading equipment: Nevertire and Ardlethan in New South Wales. * Upgrade to existing infrastructure: Narrabri, Burren Junction, Spring Ridge and Junee in New South Wales; Oaklands and Tocumwal in New South Wales, on Victoria rail network; Rainbow and Murrayville in Victoria. * Capacity expansion: Red Bend and Ardlethan in New South Sales. GrainCorp Managing Director and Chief Executive 2I¿FHU0DUN3DOPTXLVWVDLG the work would be staged for the receival of the winter crop this year and the rail outloading program next year. Work will start this PRQWK ZLWK EHQH¿WV EHJLQQLQJWRÀRZWRJURZHUVWKLV harvest. "We are very excited DERXW WKH EHQH¿WV WKLV LQ20 vestment will deliver to growers and other customers using our network," Palmquist said. "Reduced complexity, faster rail loading times and shorter train cycle times will increase the volume of grain transported by rail and reduce supply chain costs, which translates to improved grower returns. June 2015 / World Grain /

Table of Contents for the Digital Edition of World Grain - June 2015

World Grain - June 2015
Table of Contents
From the Editor-in-chief - Flour output data points to eating trends
Calendar of Events
News review - Ceremony marks opening of Whitewater Mill
ADM plans extensive improvements at Argentina port
Dangote Flour Mills hurts Tiger’s earnings
GrainCorp Oils increasing oilseed crushing capacity
Noble Agri appoints former ADM executive as CEO Jansen
Hovis names new CEO
Southern Africa nations facing food shortage
EBRD provides loan to Turkish edible oil producer
Gruma full steam ahead on European expansion
Oilseeds, grains push Wilmar earnings up 49%
GrainCorp earnings drop on smaller crop
ADM makes management appointments in key areas
ADM earnings surge on oilseed crush margins
Bunge returns to profit on soybean crushing
GrainCorp plans upgrades at 13 sites
Grain Market Review - Rice
Country Focus - Argentina
Technical Profile - Crustless pan bread favored in Argentina
Feature - Bridging a Gap
Feature - Chinese Reforms Creating Market Uncertainties
Feature - Investing in Food Security
Feature - Grain Storage and Handling Projects
Feature - IAOM Conference 2015
Feature - China, currency impacting markets
Feature - A new plan for Egypt
Feature - Team approach to marketing for Canadian grains
Canadian wheat customers share their experiences
Feature - IAOM MEA District Conference & Expo
Feature - Traders Utilizing Exchanges More than Ever
Supplier News
Product Showcase
World Grain Archive
Advertiser Index

World Grain - June 2015