WASHINGTON, D.C. - CHS Ukraine LLC, Kyiv, Ukraine, which buys and exports grain into international markets, has been approved for membership in the U.S.-Ukraine Business Council (USUBC), the USUBC executive committee announced today on behalf of the entire USUBC membership of over 130 companies and organizations who have business operations, investments or other development programs in Ukraine.

CHS Ukraine LLC is a subsidiary of CHS Inc, Inver Grove Heights, Minnesota, a globally integrated energy, grains and foods company committed to providing the essential resources that enrich lives around the world. CHS is a Fortune 100 company and is the largest grain supplier in the United States and the world's second largest agricultural cooperative.

CHS supplies energy, crop nutrients, livestock feed, grain, food and food ingredients, along with business solutions, including insurance, financial and risk management services. The company operates petroleum refineries/pipelines and manufactures, markets and distributes Cenex® brand refined fuels, lubricants, propane and renewable energy products.

CHS is owned by farmers, ranchers and cooperatives, along with thousands of preferred stockholders, across the United States. CHS employs over 9,000
people worldwide. CHS has international offices in Geneva, Switzerland; Kyiv, Ukraine; Sao Paulo, Brazil; Shanghai and Hong Kong, China; Buenos Aires, Argentina; Barcelona, Spain and Calgary, Canada.

In 2008 CHS founded a subsidiary in Ukraine named CHS Ukraine LLC. After only one year the company made a decision to make significant investments in the agricultural infrastructure of Ukraine.

The company has invested 30 million US dollars in cooperation with its Ukrainian partner, Olimpex Coupe International Limited, in a construction of the grain port terminal in Odessa. The port terminal opened on August 19, 2010.

The U.S.-Ukraine Business Council (USUBC) has been working with Luigi Pasini, General Manager, Anna Kocheshkova, CFO, Yuri Sidorenko,
Commercial Manager and Mykhaylo Pryshchepa, lawyer, for CHS Ukraine in Kyiv. CHS Ukraine has faced some challenging VAT refund problems in Ukraine.


CHS Inc. named David Christofore vice president, chief operating officer for the company's European grains operations on June 30, 2010. Christofore will lead grain trading and related risk management in Geneva, Switzerland and Kyiv, Ukraine; he will also participate in the management of the company's Russian joint venture businesses.

Christofore's new position is effective October 1, 2010. He will report to Claudio Scarrozza, general manager and chief executive officer, CHS Europe, and will relocate to the CHS European Operations offices in Geneva, Switzerland. Christofore joined the company's grain marketing group in 1986 and was previously vice president, special projects.

"As CHS continues to develop and expand its global capabilities and footprints in agriculture commodities, Dave will be instrumental in the ongoing and further coordination of our European businesses into overall company grain marketing strategies and practices," says Mark Palmquist, executive vice president and chief operating officer, CHS Ag Business division.

Additional information about CHS can be found at their website: www.chsinc.com.

"The U.S.-Ukraine Business Council (USUBC) is very pleased to have the opportunity to work with such a large, outstanding U.S. company who has expanded its international agricultural operations to include Ukraine," said Morgan Williams, Director, Government Affairs, Washington Office, for the SigmaBleyzer Private Equity Investment Management Group, who serves as President of the U.S.-Ukraine Business Council (USUBC).

"I have had meetings recently in Kyiv with Luigi Pasini, General Manager, Anna Kocheshkova, CFO, Yuri Sidorenko, Commercial Manager and Mykhaylo Pryshchepa, lawyer, for CHS Ukraine and they have attended several USUBC sponsored events and USUBC looks forward to working with them in the future."

USUBC has a very active Agribusiness Working Group. Members of the USUBC Agribusiness Working Group include: Agro NovaNyva (SigmaBleyzer); Air Tractor, Inc.; AMACO Ukraine; Archer Daniels Midland (ADM); AGCO/Massey Ferguson; Amity Technology, Inc; Bueling, Inc.; Bunge; Cargill; Case New Holland (CNH); CHS Ukraine; Dreyfus Commodities; Equipment Direct; Great Plains Manufacturing, Inc.; Horizon Capital/Emerging Europe Growth Fund (Agro-Soyuz Corporation); John Deere; Kraft; Kyiv-Atlantic Ukraine; Landkom International; Reinke Manufacturing, Inc.; SE Raelin/Cajo, Inc; Ukrainian Agrarian Confederation, Ukrainian Grain Association and the WJ Group/PolyGrain.

One-Hundred Thirty-five Members, Sep 2010, Membership in January of 2007 was 22.
The complete list of USUBC members can be found at: http://www.usubc.org/members.php.
[1] Anders Aslund, Senior Fellow
Peterson Institute for International Economics, Washington, D.C.

[2] Ariel Cohen, Ph.D, Senior Research Fellow
Allison Center for International Studies,
Davis Institute for International Studies,
The Heritage Foundation, Washington, D.C.

[3] Keith Crane, Senior Economist
Rand Corporation, Washington, D.C.

[4] James Greene, President
Effective Engagement Strategies, LLC, Washington, D.C.
Former Head, NATO Liaison Office Ukraine

[5] Anatoliy Kinakh, Head
League of Industrialists and Entrepreneurs of Ukraine
Member of Parliament of Ukraine, Kyiv, Ukraine

[6] David Kramer, Senior Transatlantic Fellow
The German Marshall Fund of the United States
Washington, D.C.

[7] Leonid Kozachenko, President
Ukrainian Agrarian Confederation (UAC), Kyiv, Ukraine

[8] William Green Miller, Senior Policy Scholar
Woodrow Wilson Center, Washington, D.C.
Former U.S. Ambassador to Ukraine

[9] Steven Pifer, Senior Fellow
The Brookings Institution
Senior Advisor, Russia & Eurasia Program, CSIS, Washington, D.C.
Former U.S. Ambassador to Ukraine

[10] Dr. Edilberto Segura, Partner, Chief Economist
SigmaBleyzer Private Equity Investment Group
Chair of the Advisory Board of The Bleyzer Foundation, Kyiv, Ukraine

[11] Keith Smith, Senior Associate
Europe Program, Center for Strategic and International Studies (CSIS)
Former U.S. Ambassador to Lithuania, Washington, D.C.

[12] William B. Taylor, Jr., Vice President, Peace & Stability Operations
United States Institute of Peace, Washington, D.C.
Former U.S. Ambassador to Ukraine

[13] Damon Wilson, Vice President
Atlantic Council of the United States, Washington, D.C.

[14] James Wilson, Director
EU Ukraine Business Council (EUUBC), Brussels, Belgium

For Year 2010 (http://www.usubc.org/excommittee.php)

[1] Margarita Karpenko, Managing Partner
DLA Piper Ukraine LLC, Kyiv, Ukraine

[2] Michael E. Kirst, Regional Vice President
Central/Eastern Europe and Russia
Westinghouse Electric Company, Brussels, Belgium

[3] John R. Miller, Director,
International Business Development, Europe, Israel, Sub-Sahara
Raytheon International, Inc., Arlington, VA

[4] Dr. Irina Paliashvili, President and Senior Counsel
RULG-Ukrainian Legal Group, P.A., Washington, D.C./Kyiv, Ukraine

[5] Andrew A. Pidgirsky, Chairman, Board of Governors,
Ukrainian American Bar Association (UABA), Houston, TX

[6] Samir B. Sahgal, Director, International Operations
Washington, D.C. Operations, The Boeing Company, Arlington, VA
Treasurer, USUBC

[7] Diana Sedney
Manager, International Government Relations
Policy, Government and Public Affairs, Chevron Government Affairs
Chevron, Washington, D.C.

[8] John F. Steele, Director, International Government Affairs
Eli Lilly and Company, Washington, D.C.

[9] Vanessa Stiffler-Claus, Director, International Affairs
John Deere Public Affairs Worldwide, John Deere, Washington, D.C.

[10] Patrick H. Sweet, President
Sweet Analysis Services, Inc. (SASI), Alexandria, VA

[11] E. Morgan Williams, Director, Government Affairs, Washington Office
SigmaBleyzer Private Equity Investment Group, Washington, D.C.
Chairman, Executive Committee, USUBC, President/CEO, USUBC

[12] Van A. Yeutter, Vice President, Corporate Affairs
Cargill, Washington, D.C.

[13] Jack I. Heller, Attorney at Law
Heller & Rosenblatt, Washington, D.C.
Legal Counsel, USUBC