Grain
POSCO INTERNATIONAL CORPORATION pursues to be a global top-tier grain trading house contributing to food security in South Korea.
As the sole member of the Grain and Feed Trade Association (GAFTA) and the Federation of Oils, Seeds and Fats Associations (FOSFA) among Korean trading companies, we are positioning ourselves as a grain trader, handling staple grains such as corn, wheat, rice, and soybeans but also facilitating cross-border transactions across Asia, Europe, North and South America, the Middle East, and Africa. To achieve our ambition, we have launched the grain export terminal in Ukraine in order to enhance grain procurement capabilities in the Black Sea region, a major global grain-producing region. We are also operating a rice processing complex (RPC) in Myanmar, which acts as the heart of the rice industry value chain in the country, based on our expertise in the rice business built over 20 years of experience.
As the sole member of the Grain and Feed Trade Association (GAFTA) and the Federation of Oils, Seeds and Fats Associations (FOSFA) among Korean trading companies, we are positioning ourselves as a grain trader, handling staple grains such as corn, wheat, rice, and soybeans but also facilitating cross-border transactions across Asia, Europe, North and South America, the Middle East, and Africa. To achieve our ambition, we have launched the grain export terminal in Ukraine in order to enhance grain procurement capabilities in the Black Sea region, a major global grain-producing region. We are also operating a rice processing complex (RPC) in Myanmar, which acts as the heart of the rice industry value chain in the country, based on our expertise in the rice business built over 20 years of experience.
Ukraine Grain Terminal Website
We operate a grain terminal at the Port of Mykolaiv to procure and export grain from Ukraine, a leading grain exporter. Through this terminal, we have been supplying products to Asian markets, including Korea and the Middle East and North Africa (MENA). After the war, we aim to enhance our inland procurement capabilities to stay ahead in the market.
| Location | Mykolaiv, Ukraine |
| Launched in | Dec 2019 |
| Types of grain handled | Corn, wheat, barley, soybean, etc. |
| Capacity | 2.5 million tons a year |
POSCO INTERNATIONAL CORPORATION pursues to be a global top-tier grain trading house contributing to food security in South Korea.
As the sole member of the Grain and Feed Trade Association (GAFTA) and the Federation of Oils, Seeds and Fats Associations (FOSFA) among Korean trading companies, we are positioning ourselves as a grain trader, handling staple grains such as corn, wheat, rice, and soybeans but also facilitating cross-border transactions across Asia, Europe, North and South America, the Middle East, and Africa. To achieve our ambition, we have launched the grain export terminal in Ukraine in order to enhance grain procurement capabilities in the Black Sea region, a major global grain-producing region. We are also operating a rice processing complex (RPC) in Myanmar, which acts as the heart of the rice industry value chain in the country, based on our expertise in the rice business built over 20 years of experience.
As the sole member of the Grain and Feed Trade Association (GAFTA) and the Federation of Oils, Seeds and Fats Associations (FOSFA) among Korean trading companies, we are positioning ourselves as a grain trader, handling staple grains such as corn, wheat, rice, and soybeans but also facilitating cross-border transactions across Asia, Europe, North and South America, the Middle East, and Africa. To achieve our ambition, we have launched the grain export terminal in Ukraine in order to enhance grain procurement capabilities in the Black Sea region, a major global grain-producing region. We are also operating a rice processing complex (RPC) in Myanmar, which acts as the heart of the rice industry value chain in the country, based on our expertise in the rice business built over 20 years of experience.
Myanmar Rice Processing Complex
In 2017, we acquired a local rice processing complex with a 15,000-ton annual capacity in the Shwe Lin Ban Industry Zone in Yangon, Myanmar. In 2019, we completed a second complex in the Ayeyarwady region and Twante waterway, capable of producing 85,000 tons a year, and have been operating the processing facility with a 100,000-ton capacity in total These RPCs encompass collection, storage, milling, packaging, and sales of raw grains, enabling us to operate along the rice value chain. Going beyond trading, we sell rice as producers to China, the EU, and Africa, utilizing our global network to boost exports and uplift local farmers' livelihoods.
