About New World Grain

New World Grain (NWG) is a joint venture company operating in Ukraine with strong financial backing, owned by global agribusiness, Viterra, and French agro-industrial group, Soufflet.

New World Grain is accumulating grain from farmers and local trading companies, managing supply chain activities and marketing grain domestically up to the point of export within the Ukrainian grain market.

The new company's General Manager, Jean-Marc Philouze, says New World Grain combines Soufflet's significant experience in Ukraine (it's traded since 1999 as Soufflet Ukraine) and Viterra's considerable expertise, close relationships with producers, and superior logistical assets.

"The company is equally owned by Viterra and Soufflet Negoce and has two operating subsidiaries, a grain marketing company and a storage and handling (infrastructure) company," Monsieur Philouze says.

"We will operate a mix of purchased silos and rented space; grain will be transported to ports for 'free-on-board' sale to buyers."

Monsieur Philouze said New World Grain's partnership combining a strong European-based grain marketer and the high profile Australian marketer, will provide serious growth opportunities in the world's second largest barley exporting nation.

New World Grain's head office is located in Kiev. Trusted buying representatives and local partners are spread across the main grain producing regions of central and southern Ukraine.