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 July 2014 Ukraine reached the anti-record of flour production
EU to provide the financial assistance to Ukraine
Ukraine to ratify the Association Agreement with the EU
Ukraine: KSG Agro sustains losses
Second round of the V Ukrainian Grain Congress to be held in Kiev on November 25-26
In the last week of August, Ukraine increased grain shipment volumes from the seaport
September 1, 11:30
Ukraine: Portinvest to build a grain terminal in the port Yuzhny
August 29, 16:10