Nezhin fat plant invests  $ 50 mln. in the construction of oil-extracting factory

Nezhin fat plant invests $ 50 mln. in the construction of oil-extracting factory

23.02.2016 News

Nezhin fat plant invests  $ 50 mln. in the construction of oil-extracting factoryRecently was received an information that Nezhin fat plant will invest in the construction of a new oil-extracting factory. The Company appraises  the need for investment in the construction of this plant in the amount of about $ 50 million (of proprietary funds  and borrowed resources).

Nezhin fat plant (Chernihiv region) plans to build the first stage development of the multicultural oil-extracting factory on the basis of an operative concern before the end of 2016.

“Until the end of 2016 we will build the first stage on processing  of 1.2 thousand tons of sunflower per day”, – said the member of the Supervisory Board of the company Oleg Voloshchuk.

For the uninterrupted supply of materials, it is also planned to expand the capacity of the enterprise.

According to him, the company will supply sunflower oil to the EU, as well as to carry out the shipment via sea ports for longer distances.

“In 2017, it is planned to  build the second stage of the plant for the processing of 1 thousand tons of soybean, canola, flax”, – said Oleg Voloshchuk.

“Nezhin fat plant”, PJSC was founded in 1896 with the aim of processing of flax seeds. The company currently recycles a wide range of oilseeds, namely: sunflower, canola, flax, soybeans. The annual capacity of the plant for processing of seeds is about 150 000 tonnes. The main market outlets of the company’s production  are  Europe and Asia.

Source: latifundist.com

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