ABB Grain Ltd, the corporatised Australian Barley Board, is positioning itself to take a shareholding in Sydney’s Macarthur Intermodal Shipping Terminal (MIST) group and has signed a heads of agreement to build a new complex on MIST land in Minto, around 40 km west of Port Botany Bay.
ABB Grain will build a malting plant and grain containerisation facility adjacent to MIST’s own intermodal terminal. Part of the attraction of the site is the ready supply of empty containers – a perpetual problem in the company’s home state of South Australia. ABB managing director Michael Iwaniw, said that signing the heads of agreement was an important step in developing ABB’s value-added agricultural commodities presence on the eastern seaboard, particularly in New South Wales. The new malting plant will have an annual capacity of approximately 110,000t, which will add to the existing 500,000t capacity of ABB’s wholly-owned malting subsidiary Joe White Maltings....
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This complete item is approximately 350 words in length, and appeared in the March 2008 issue of WorldCargo News, on page 18.
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