Bunge, Zen-Noh to buy stake in Brazil terminal
Bunge Global SA and Zen-Noh Group have agreed through a joint venture to purchase 50% of a grain terminal at the Port of Santos from Brazilian rail operator Rumo for 600 million reais ($115.3 million), Reuters reported, citing a securities filing. Rumo said in the filing that it had tied up the binding agreement to sell its...
Richardson to build new grain elevator in Alberta
Richardson Pioneer Ltd. plans to build a new high throughput grain elevator in High Level, Alberta, Canada. The new elevator will include 32,000 tonnes of storage space and will be capable of loading 135 cars through a loop track design. The facility will replace the existing Richardson Pioneer 6,500 tonne wooden crib elevator currently located...