On April 23 Aston, Glencore, UGC and Trade House RIF
have signet a memorandum on creation of The Union of Grain Exporters.
The four largest grain market participant, which account for more than a third of all grain exports
from Russia, will be part of the founders of the new association.
United Grain Company (UGC) JSC is a publicly owned commercial and logistic operator of agricultural products which controls Russia's largest deep-water port grain terminal and is focused on expanding the export of grain and pulses, as well as on developing infrastructure in the domestic and foreign markets.
UGC South LLC is a commercial company of the UGC Group specializing in foreign trade which supplies grain to foreign buyers, including with delivery to the countries of destination. The company has a network of representative offices and makes purchases throughout Russia.
For more than 20 years ASTON has been one of the largest companies in Russia for the production of food and food ingredients. ASTON is the largest exporter of vegetable oils, the leading processor of oilseeds, the third largest exporter of Russian grain. The company includes more than 20 divisions in various regions of the Russian Federation, including plants for the production and processing of vegetable oil, enterprises for the production of starches and syrups, elevator complexes, terminals on the river Don, ship repair plant, dry cargo ships of the "river-sea" class, tankers for the transportation of vegetable oils, bulk carriers for the transshipment of grain crops.
More than 3500 employees work in ASTON. There are 6 agricultural enterprises with a total land area of 38,284.3 ha and chain of 8 grain elevators in the structure of the company.
Glencore Agriculture IGC Limited Liability Company (Glencore Agro IGC LLC) was founded in May 2004. It operated as International Grain Company Limited Liability Company (IGC LLC) before May 2017.
Trade House RIF LLC is the leader in the export of agricultural products in Russia according to the results of 2018.
The investment project is the construction of the largest Azov Grain Terminal Complex in the South of Russia: