Russia. Sodruzhestvo Group to construct a new vegetable oil extractor in Ulyanovsk

04.06.2018

Sodruzhestvo Group is planning to construct a large handling facility and an oil extraction plant in Ulyanovsk region. The oil extractor will be engaged in deep processing of oilseeds.

The plant’s design capacity is declared at some 2 KMT of feedstock a day. The finished products will include largely soybean and sunseed meals and oils.

The investment project value will be at least RUB 10 Bl. The date of the oil extractor’s launch is not disclosed yet, reports UkrAgroConsult.

First of all, the company is going to focus its efforts on the construction of a large grain and oilseed handling facility with a capacity of up to 1 MMT. The investor is planning to start the construction in 2019 and complete the project in 2021. As a result, Ulyanovsk will become the key point where Sodruzhesto will collect grains and oilseeds and ship them for processing to Kaliningrad for further export.

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 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.

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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