France invests in development of Allseeds

05.10.2016

The largest European operator on sunseed and rapeseed oil market – French company Saipol and Ukrainian group Allseeds signed a long term agreement, envisaging financial trading relations between the parties as well as investments into project of Allseeds` development by the French? informs UkrAgroConsult. Large scale project envisages not only capacity increase, but also development of infrastructure sphere.

As a reminder, Allseeds is the largest producer and exporter of vegoils and oilseed meals in Ukraine. In July 2015 first line of vegoil extracting plant in Yuzhnij port was launched, which is capable to crush up to 2.4 KMT a day.

By 2021 it is planned to increase daily crushing capacity to 10 KMT with the help of the second and third lines` launch.

 

UkrAgroConsult

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