IMC owns and operates storage facilities with significant storage capacity situated in close proximity to its operations in each of its clusters.
The Company utilizes only its own storage facilities. The existing storage capacities satisfy 100% of the Company’s storage needs with sufficient capacity to meet its projected increased production in the short-term.
The existing storage capacities enable IMC to sell its produce throughout the marketing season, to reduce negative impact of crop pressure on prices at harvest time and at the same time to mitigate risks related to physical security of stocks.
The Company also leases excess storage capacity to the third parties.