BRIEF-GrainCorp announces Liquid Terminals expansion

Thu, 20 Feb - 8:27am

Feb 20 (Reuters) - Graincorp Ltd GNC.AX :

* Graincorp liquid terminals expansion GNC.AX

* Says capital investment will be funded from cash reserves and debt facilities over the next two years

* Says Graincorp liquid terminals announced investment of about $70 mln to add combined 65,000m3 of bulk liquid storage capacity at 3 locations

* Says three projects are expected to contribute at least $8 million of underlying EBITDA uplift by FY 2016

* Source text for Eikon News Search ID:nASX6VH5dL

* ((For more news, please click here GNC.AX ))

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URN: 
urn:newsml:reuters.com:20140219:nWNBS00BXT:6
Topics: 
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