Ukraine. Olir Resources to become an oilseed crusher

21.07.2017

Olir Resources, a major liquid bulk cargo handling and sunoil exporting company, is going to tackle oilseed crushing, said Volodymyr Lytvynenko, chief of the company’s business development and marketing department.

To reduce logistics costs, it is planned to build the oil extractor in close proximity to the company’s terminal. The handling capacity of the largest logistics hub located in the town of Chornomorsk currently approximates 1 MMT a year. At the moment, they are looking for an investor to implement the extractor construction project. Its design capacity has not been disclosed yet.

According to Olir Resources, the company has handled more than 2 MMT of products over the last three seasons. Forecasts suggest that roughly 730 KMT will be handled in MY 2016/17.

 

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