Kazakhstan to focus on the construction of oilseed crushing plants for product exports to China

20.06.2017

Last year’s commodity turnover between the two countries amounted to almost USD 8 Bl. China is one of the top five investors in the Kazakh economy: Chinese investments in Kazakhstan have exceeded USD 14 Bl over the last 12 years. Three projects out of 51 announced ones have already been put into operation in the sectors such as agriculture, machine building and chemical industry. The construction of six new projects was begun last year and another six ones will start to be implemented this year, reports UkrAgroConsult.

The projects put into operation include an oilseed crushing plant in North Kazakhstan region. Kazakhstan produces cold-pressed oil for the domestic market, whereas oil made by hot pressing is popular in China. The plant in North Kazakhstan uses this technology, therefore potential for vegoil exports from Kazakhstan to China grows considerably.

The new facility can process 300 KMT of feedstock a year. It comprises three lines for advanced processing of oilseeds such as sunseed, rapeseed and some others.

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.

Annual International Conference “Black Sea Oil Trade” – is an effective platform, providing oilseed industry operators with vast networking opportunities, exclusive analytics of Ukrainian and Black Sea agri market, insights for development of the long term business strategies.

Conference participants are represented by producers and crushers of oilseeds, traders, enterprises for deep processing of vegetable oils, agriholdings, investment companies, banks, legal, shipping, brokerage, insurance, surveyor companies etc.

Early Bird registration rate is available! Market operators from 10 countries have already registered to take part. 

Follow the updates, Agenda and Speakers at the conference website.

 

UkrAgroConsult

 

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