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Some of the new money is to go to retire debt and some to Kernel’s ambitious $270 million capital expenditure program

Tuesday, October 6, 2020
Some of the new money is to go to retire debt and some to Kernel’s ambitious $270 million capital expenditure program

Some of the new money is to go to retire debt and some to Kernel’s ambitious $270 million capital expenditure program for the fiscal year ending next June. These include bringing on line a new oilseed processing plant in Western Ukraine, completion of several biogas energy plants and increasing the capacity of Kernel’s new TransGrainTerminal trans shipment complex in Chornomorsk sea port.

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The EU and Ukraine signed deals for loans and aid totaling €390 million at yesterday’s annual EU-Ukraine summit in Brussels.

The EU and Ukraine signed deals for loans and aid totaling €390 million at yesterday’s annual EU-Ukraine summit in Brussels.

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