Allseeds started building an oilseed crushing plant in Yuzhny port

12.06.2017

Allseeds Group has started the implementation of the second stage of its global project in the port of Yuzhny – the construction of a multifunctional oilseed crushing plant. It is to be focused on soybean processing with a capacity of 5 KMT a day. In terms of its capacity, the plant will be a unique crushing facility in Europe, reports UkrAgroConsult.

Allseeds is going to complete its construction and necessary adjustments of related infrastructure within some three years.

The launch of such a facility implies that the company will need to annually receive and ship an additional roughly 1700 KMT of feedstock and finished products, i.e. meal and oil. 

Processing about 2.5 MMT a year, Allseeds will become the second largest company in Ukraine’s oilseed market. Its total investments in Ukraine will reach $400 Ml.

Further prospects of the Black Sea oilseeds/vegoils market will be discussed at the V International Conference “Black Sea Oil Trade”, which will take place on September 19, 2017 in Hilton hotel, Kiev, Ukraine.

 

UkrAgroConsult

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