Belarus increases oilseed crushing capacities

04.07.2018

A new oil-extraction plant built by Slavyansky Veles Holding is ready for launch in Vitebsk region, Belarus, reports UkrAgroConsult.

The design capacity of the new facility will approximate 4 KMT of oilseeds a month. The estimated cost of this investment project is BYN 1.5 Ml.

The oil extractor will process a few oilseeds, releasing rapeseed, sunseed and soybean oils and cakes.

Ukraine and Russia are considered as the main suppliers of feedstock.

As a reminder, Belarus intensified soybean purchases from Ukraine this season due to the opening of a second crusher of Sodruzhestvo Group. So, September-May soybean deliveries to this market grew to 236.2 KMT against 119.8 KMT in the whole of last season, UkrAgroConsult’s analysts note.

More detailed information on the latest trends in oilseeds/vegoils/meals exports, supply and demand balances with breakdown by crop as well as crop conditions and progress in harvesting/planting in the countries of Black Sea Region is available to subscribers for weekly market report "Black Sea Vegoils" by UkrAgroConsult.

Further prospects of the Black Sea oilseeds/vegoils market will be discussed at the VI International Conference “Black Sea Oil Trade”, which will take place on September 20, 2018 in Hilton hotel, Kiev, Ukraine. Organizer – UkrAgroConsult company.

In 2017 International Conference «Black Sea Oil Trade» attracted 250 delegates from 25 countries and 150 companies. Conference participants are usually represented by producers and crushers of oilseeds, traders, enterprises for deep processing of vegetable oils, investment companies, banks, law, shipping, brokerage, insurance and surveyor companies.

 

UkrAgroConsult

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