The company Risoil S.A. has launched the first phase of the SP Risoil Terminal, which is a grain terminal, at the Illichivsk seaport (Odesa region). The Interfax Ukraine news agency reported this, citing the press service of the Ministry of Agrarian Policy and Food.

According to Minister of Agrarian Policy and Food Oleksii Pavlenko, who attended the launch, the Illichivsk seaport’s Risoil Terminal is the largest import-export terminal on the Black Sea. It plays a key role in the export of Ukrainian unrefined sunflower oil and provides interim storage services to international companies such as Cargill, Kernel, ADM, and others.

The grain terminal includes a warehouse for simultaneous storage of 30,000 tons of grain, which is equipped with unloading vehicles (about 120 vehicles per day). The warehouse will have a storage capacity of 700,000 tons of grain per year.

It has 13 silos with a total capacity for simultaneous storage of 85,000 tons of grain. It plans to build nine more silos with a combined capacity of 125,000 tons and an unloading station for up to 220 railway tank cars per day in the future.

"Construction of a vehicle unloading facility equipped with four stages for simultaneous unloading of vehicles is currently underway. It will allow simultaneous unloading of 400 vehicles per day. There are also plans to construct a grain drying and cleaning facility with a total capacity of 100 tons per hour and a pier with a length of 300 meters with the ability to receive Panamax vessels (50 tons or more)," the minister said.

Risoil S.A. was founded in Geneva (Switzerland) in 2000. Its main areas of operation are logistics of vegetable oils, bulk and general cargoes in the ports of the Black Sea; manufacturing and distribution of vegetable oils; storage of grains and oilseeds in containers; storage and processing of agricultural products. The Cargill company and Risoil signed a protocol of intent to build a grain terminal in the Illichivsk seaport in 2010 and the launch of the terminal was originally scheduled for 2013.