09.11.2015
NGP Steps Up Flour Export.
Novorossiysk Grain Plant (NGP) has stepped up the flour export, as reported by the company’s briefing service. During 9 months more than 7,700 tons were exported, a lot more than during the same period of last year, accounting for 39 % of all sold produce.A considerable part of the flour, 6,200 tons, has been shipped to South Korea. Other export destinations include Armenia, Israel and Thailand. At the present time talks are under way with a South Korea-based company about signing of a long-term contract for another 10,000 tons. Given that present-day flour production at NGP amounts to about 30,000 tons per year, the new contract will allow selling 33 % of this volume, says the briefing service’s report. Furthermore the company is negotiating flour supplies to China via Dalian or Shanghai ports as well as to Brazil.