Information for fruit and vegetables business in CIS
"Agroexport" constructs new crushing plant in Nikolayev
Company Agroexport from Nikolayev region plans to have commissioned by the start of new oil crushing season in September a new oil extraction plant with initial processing capacity of 300,000 tonnes of sunflower seeds daily.
Processing capacity will be subsequently increased to 1 million tonnes of seeds a day.
The cost of the project is estimated to be equal to $50.5 million.
The company's spokesman said the plant would specialise in producing sunoil and sunmeal exclusively for export, being the only Ukraine's crushing facility, located next to a port. It will allow saving up to $50 of transportation costs per tonne of oil in the process of export shipments.
Agroexport is one in five largest grain trading companies in Ukraine. It has exported more than 1 million tonnes of the 2002 crop grain and sold large amount of sunflower seeds in recent years.
The company owns 11 grain elevators for 800,000 tonnes of total storage capacity, a fleet of trade vessels and a terminal to tranship grains and oilseeds from river onto marine transport.