1,000 grain-hoppers to cut back truck transports in Ukraine
The EBRD is providing a loan of up to USD 35 million to a railcar logistics business in the Ukraine, which will be fully owned by the Louis Dreyfus Company (LDC). The funds will be used to acquire up to 1,000 grain-hopper railcars, which will significantly facilitate grain-handling logistics for the company.
LDC will be able to diversify its means of transporting grains from the country’s agricultural areas to its ports. The new railcars will reduce the volume of grain transported by trucks and will therefore help to lower annual CO2 emissions by 8,510 t. In 2019, the Ukraine is expecting a record grain harvest of more than 72 million t. (ben)