Russia. Amursky oil extractor to come to full capacity by 2019

22.09.2017

Amursky oil extraction plant, a resident of Belogorsk priority development area (Amur region), is planning to seize 20% of the Russian soybean isolate market once it launches the first stage capable of crushing 240 KMT of soybeans a year. This was reported by Zerno On-Line with reference to the East Development Ministry’s press service citing the extractor’s  director-general Vasiliy Galitsyn.

"As of today, the 40-50 KMT isolate market in Russia is represented by imports from China. Initially, we want to get 20% (10 KMT) of this market. Then we may scale up if we manage to sell all the production,” V. Galitsyn is cited in the press release as saying.

Roughly 50% of the plant’s facilities will be used for making food products: food and feed extraction for obtaining white soybean flake (an import-substituting product used in the food industry) and soybean oil.

The construction of the plant’s second stage has been already started.

"Once the second stage is put into operation, the plant will become Russia’s only producer  of highly concentrated soybean proteins, i.e. soybean concentrate and isolate. The launch of the plant’s second stage – an isolate producing line – is scheduled for 2019,” added the press service of VTB Bank, which has been financing the project since July 2015.

 

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