CHS Broadbent to build bulk grain export terminal in Geelong, Australia
Grain growers in Southern NSW and Victoria will see more competition entering the export market next year with CHS Broadbent announcing the development of a new 80,000 metric tonne bulk grain export terminal in Geelong, Victoria.
The grain export terminal will be owned and operated by CHS Broadbent with construction on the five hectare site expected to begin in 2024.
The facility will boast fast road and rail unloading capabilities and market leading grain handling technology to ensure quick turnaround times and the efficient loading of bulk export vessels.
The addition of Australia’s newest export terminal will add more competition and provide more opportunities for growers to connect directly to the export market.
CHS Broadbent Managing Director Steve Broadbent said it is an exciting time for the company and growers in Victoria and Southern New South Wales.
“Quality service to farmers is at the core of everything we do at CHS Broadbent and the addition of an export terminal to our supply chain service will see further value delivered to growers, right back to the farm gate.
“The terminal will be designed with an annual export capacity of 1.5 million metric tonnes. In an average year we project we will export around 1 million metric tonnes which equates to approximately 13 turns per year.
“We’re excited to bring our fast turnaround times, amazing staff, local knowledge and global connections to Australia’s newest grain export terminal when we start exporting from the terminal,” Steve said.
The new development is a result of CHS Broadbent and Midway Limited entering a land sale agreement for five hectares of the Midway Limited site at North Shore, Geelong.
Brian Schouvieller, Chairman of the CHS Broadbent board and CHS senior vice president for trading and risk management said CHS Inc is excited to embark on this key investment in Australia’s newest grain terminal.
“The Geelong location extends our supply chains in the Asia-Pacific region and provides farmers with a unique opportunity to connect with our global network.”
ENDS
Media Contact
Steph Buller | 0447 486 934 | s.buller@chsbroadbent.com
About CHS Broadbent
CHS Broadbent owns and operates grain storage, container packing and grain freight operations through Queensland, New South Wales and Victoria. They connect Australian grain farmers to domestic and international customers via their own export assets and third party ports around the country.
CHS Broadbent is 50% owned by the Broadbent family. The now third generation family business was established in 1952 in Beaufort Victoria as a firewood, bagged grain and hay freight business using the first bulk trailers in the area.
The other 50% is owned by CHS Inc., a Fortune 100 global agribusiness owned by farmers, ranchers and cooperatives across the United States, is based at Inver Grove Heights, Minnesota, with more than 10,000 employees in 65 countries.
For further information visit www.chsbroadbent.com
About CHS Inc.
CHS is a diversified global agribusiness cooperative owned by farmers and local cooperatives across the United States. Our 10,000-plus dedicated employees around the globe have a singular purpose: Creating connections to empower agriculture. We help drive sustainable growth for our owners and customers with a strong, efficient supply chain, access to global markets, and exceptional products and services.
For further information, visit https://www.chsinc.com/
About Midway Limited
Midway Limited is a leading Australian plantation and carbon management and woodfibre export company with headquarters in Geelong. Midway was founded in 1980 and is now primarily involved in plantation management and the production, processing and export of high-quality wood fibre to producers of pulp, paper and associated products in the Asian region. Midway owns 100% of Midway Tasmania, based at Bell Bay and Plantation Management Partners (PMP), based on Melville Island. Midway also has a majority shareholdings in South West Fibre Pty Ltd (SWF) based in the Green Triangle and Queensland Commodity Exports Pty Ltd (QCE) based in Brisbane. Midway is also building a carbon management portfolio based on forestry plantations.
For further information, visit www.midwaylimited.com.au.
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