AusBN – Bunge Limited (NYSE: BG) has started construction on its first Western Australian grain storage facility in Kukerin.
The facility will contain bunker sites, which will have the storage capacity for 200,000 tonnes of grain.
Bunge has also announced plans to construct a storage facility in Arthur River, which will have a 250,000 tonne capacity.
Construction has recently been completed at the company’s grain facility at Bunbury Port and seven shipments have been exported from the facility.
Bunge Australia General Manager Chris Aucote said: "It's going to be an increase over time and we're certainly looking to increase the number of cargoes we've done this year and hopefully look to increase that by 50 to 100% over the next 12 months.
"For us Western Australia is a very important part of what we're doing here in Australia."