Russian's EFKO set to penetrate Kazakhstan’s market of bottled sunoil

14.05.2018

Russia’s EFKO is planning to start producing bottled sunoil in Almaty (Kazakhstan) in Q3 2018, reports UkrAgroConsult.

The plant presently makes crude sunoil. The new brand ‘Sultan’ produced by the company will be aimed mostly at the Kazakh market. EFKO claims that its product is of very high quality and therefore unchallenged in Kazakhstan. Apart from gaining the domestic consumer, the company is about to enter the neighboring markets of Uzbekistan, Kyrgyzstan, Tajikistan, and Afghanistan. Cooperation with China in this field is not ruled out either.

It is projected to produce some 1.6-1.7 KMT of sunoil at EFKO’s Almaty plant and occupy 5-10% of Kazakhstan’s market in 2018. In addition, they are going to set up production of mayonnaise and ketchup.

More detailed information on the latest trends in oilseeds and vegetable oils 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.

Annual International Conference “Black Sea Oil Trade” – is an effective platform for networking with oilseed industry operators and discussion of the latest drivers in oilseed and vegoil sector of Ukraine and Black Sea region.

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

Readers choice: TOP-5 articles of the month by UkrAgroConsult