Wilmar Gavilon acquires Brisbane sugar terminal
Wilmar Gavilon has announced the acquisition of the Brisbane sugar terminal, which is due to settle on 21 September 2009. Constructed in 1985 to store and handle bulk sugar, the port facility features a private berth, 100,000-metric-ton dry storage shed, covered truck receiving station and ship loader. Following investments related to site improvements and expansion, the facility will handle grain and other bulk and liquid commodities.
Construction and facility upgrades will begin in October 2009. The site is expected to begin handling grain exports in early 2010.
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