World Grain - March 2019 - 13

ForFarmers to close Blandford feed mill
LOCHEM, THE NETHERLANDS - ForFarmers UK announced on Feb. 19 that it plans to close its feed mill site in
Blandford, U.K., as part of a plan to optimize its supply chain.
The feed volume from the Blandford site will be moved
to ForFarmers' newly constructed mill in Exeter and its upgraded facility in Portbury. The closure will take place in the
second quarter and affects 30 employees.
In 2017, ForFarmers said it planned to rationalize its supply
chain in terms of modernizing existing mills and in its footprint of site locations. It is part of a £5 million reduction plan.
The Blandford site is one of the older ForFarmers locations
in the U.K. and would require significant modifications to
modernize it and improve its efficiency, ForFarmers said.

The current Blandford volume includes conventional (compound) feed and organic feed. The plan is to relocate the production of conventional feed volume to the Exeter mill and
that of organic feed to Portbury, which recently has been
equipped with additional raw material storage bins to support
the production of organic feed.
A dedicated project team will help ensure a seamless transfer, the company said.
Along with the relocation, ForFarmers UK said it is enhancing its delivery vehicle fleet to ensure that optimal quality of
customer service can be maintained.
ForFarmers is a market leader in Europe with annual sales
of approximately 10 million tonnes of animal feed.

Korean trading company acquires stake in grain export terminal
INCHEON, SOUTH KOREA - Posco Daewoo, Korea's
largest trading company and a subsidiary of Posco, has acquired a 75% stake in a grain export terminal in the port of
Mykoliv in southern Ukraine from Orexim Group. Financial
terms of the transaction were not disclosed.
As part of the deal, Posco Daewoo has secured the operating rights to the terminal, which is located in one of the

main export hubs around the Black Sea. Orexim, which is a
Ukrainian logistics firm, will keep the rest of the shares, the
company said. Posco Daewoo said the export terminal will be
capable of shipping 2.5 million tonnes of grain a year. In addition to providing storage for grain shipments, the terminal
also controls processes for purchasing and inspecting grain
produced in Ukraine.

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95 www.World-Grain.com
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World Grain - March 2019

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