ABB Grain Limited
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ABB Grain Limited
Type Public (ASX:ABB)
Founded 19391
Headquarters Flag of Australia Adelaide, Australia
Key people Perry Gunner, Chairman
Michael Iwaniw, Managing Director
Industry Agribusiness
Products Grain, Malt, Wool, Fertiliser, Chemicals, Storage and Handling services
Employees 1,100
Website http://www.abb.com.au

ABB Grain (ASX:ABB) is a public company listed on the Australian Securities Exchange (ASX) in Australia. ABB Grain is a leading Australian agribusiness with a multi-faceted operation and international focus.2 While the company’s history is steeped in grain accumulation and marketing, the present reflects a much more diversified operation, stretching across the entire supply chain. With a national presence ABB Grain accumulates grain from all grain growing regions across Australia, and trades in all grain commodities. It traces its origins to the former Australian Barley Board, which demutualised to become ABB on 1 July 1999.3 In 2004, ABB Grain merged with the South Australian storage and handling company AusBulk and the holding company United Grower Holdings.4

ABB’s supply chain strength comprises operations in storage, handling and logistics, as well as providing a number of value adding services. This includes a significant network of silos and export shipping terminals in South Australian and the eastern states of Australia, incorporating joint ownership of Australian Bulk Alliance, or ABA, with Japanese trading company Sumitomo.

ABB Grain’s malting division, Joe White Maltings, is one of the world’s largest producers of malt with the capacity to produce 500,000 tonnes per annum. The eight malting plants strategically positioned across Australia include the largest malthouse in the southern hemisphere, situated in Perth, Western Australia.

ABB’s range of rural services include fertiliser and Agrichemical supply, financial services and insurance, and wool and livestock activities. The latter have been supported by the acquisitions of Adelaide Wool Company, Wardle Co and Stawool in 2007.

ABB recently strengthened its financial services offerings to provide customers with a unique range of cash flow alternatives, plus access to insurance options. The company also has significant operations in New Zealand focused on the trading and distribution of grains and proteins. A major milestone of 2007 was the establishment of a joint venture in Ukraine to accumulate grain, manage supply chain activities and market grain.

References

  1. ^ *"Shareholders", National Growers Register. Retrieved on 10 May 2008. 
  2. ^ *"Who We Are", ABB Grain Limited. Retrieved on 28 April 2008. 
  3. ^ *"The Players", FAS Online (2003-11-13). Retrieved on 28 April 2008. 
  4. ^ *"Shareholders", National Growers Register. Retrieved on 10 May 2008. 
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