Grain and oilseed logistics company CHS Broadbent is planning to build a new 80,000 tonne capacity bulk grain export terminal in Geelong, Victoria, Australia.
On November 27, the company announced the expansion of the terminal. This seeks to intensify competition and offer more opportunities. The objective, therefore, is to connect producers directly to the export market.
Equipped with road and rail unloading facilities, CHS Broadbent therefore intends to begin construction on the 5-hectare site next year.
“The terminal will be designed for an annual export capacity of 1.5 million tons. In an average year, we estimate to export around 1 million tonnes, equivalent to approximately 13 shipments per year,” said Steve Broadbent, managing director of CHS Broadbent.
The Broadbent family owns 50% of CHS Broadbent, which operates bulk grain storage, container packing and grain freight in Queensland, New South Wales and Victoria. The remaining 50% is owned by CHS Inc., a global agribusiness company owned by U.S. farmers, ranchers and cooperatives.
CHS Broadbent manages storage facilities in Lakaput and Lake Bolac, Western District of Victoria. It also operates in Jondaryan, southern Queensland, and Moree, northern New South Wales.
In partnership with CHS, the company handles and exports barley, canola, oats, legumes, sorghum and wheat.
In 2019, CHS Broadbent teamed up with the Central Office for Sustainable Canola to ensure that farmers who deliver their canola to its storage and handling facilities can supply canola seed to international markets, including the Union's biodiesel sector. European.
Source: Oils & Fats International