Kernel to invest 200 mln USD for construction of crop storage and processing complex
Kernel, one of the largest Ukrainian agrarian groups, plans to start construction of the complex for agricultural crops storage and processing in 2014 in Prylutsky raion of Chernihiv oblast, declared the press-service of the company on April 9.
According to the announcement, the volume of investments provided to the project is estimated at 200 mln USD.
The planned capacities of the complex will total: grain storage - 80 thsd tonnes, sunflower seed storage - 100 thsd tonnes, processing capacities for oilseeds (rapeseed, sunflower seed, soybeans) - nearly 650 thsd tonnes per year.
The important features of the project include using of the alternative fuel in the form of sunflower husk in order to produce steam for technological process requirements. Such fuel would allow stopping of usage of natural gas as the main fuel, traditionally used in the industry.
Kernel Group is the vertically integrated company, operating in the agro-industrial sector of Ukraine since 1994. The company produces sugar, sunflower oil, realizes distribution of bottled sunflower oil through the country under the trade marks "Shchedryi Dar", "Stozhar", "Chumak Zolota", exports of grains and vegetable oils, provides storing services for grains and oilseeds at own elevators, and deals with agricultural production. Also, the holding owns a network of grain elevators in Ukraine with the general capacity of simultaneous storage at over 2.8 mln tonnes.
You should be authorized to post comment
In 2016/17 MY, Ukraine increased the exports of organic grains
In January, Ukraine increased the production of sunflower oil - State Statistics Service
Lower House of the Dutch parliament supported the EU-Ukraine AA
Ukraine is one of the major drivers of the global grain market – FCStone
Ukraine has to establish modern technologies in the agro-industrial complex – O.Trofimtseva
Ukraine exported over 29 mln tonnes of grains - Ministry of Agrarian Policy
Since the beginning of 2016/17 MY, Ukraine exported record volumes of high-oleic sunflower oil