Competition in the Ukrainian sunflower crushing industry – Y.Davydov
In the season 2013/14 the sunflower seed crushing volumes in Ukraine reached the level of 11.5 mln tonnes, as opposed to 10.8 mln tonnes last MY. Such growing indices allowed to increase the sunflower oil production to 4.8 mln tonnes, against 3.9 mln tonnes in 2012/13 MY, declared Yuri Davydov, Chairman of Group Creative, during his presentation at the conference VegOils Trade Outlook-2014 in Istanbul on May 13.
Also, he noted that such companies as Kernel, Creative and Cargill form the TOP-3 of leaders on sunflower seed crushing installed capacities in 2013/14 MY. The companies-leaders of the sector are almost equal in size and power, and control more than 70% of the industry in Ukraine.
Y.Davydov stressed that to date the industry of sunflower seed crushing in Ukraine has high and risky profitability. The industry is quite mature, with no new players and capacities. It continues consolidating through mergers and acquisitions, added the expert.
You should be authorized to post comment
Ukraine reduced the production of flour from alternate crops
Ukraine exported over 33 mln tonnes of grains - Ministry of Agrarian Policy
Ukraine to take the second position for agricultural products exports, following the USA
Ministry of Agrarian Policy of Ukraine to actively apply the best agrarian practices of the USA and European countries
Early bird fee for participation in VegOils & Meals–2016 until the end of April
Efficiency of the agricultural complex of Ukraine is one of the major priorities for the Cabinet of Ministers
Ukraine planted early spring grains throughout 2.4 mln ha – Ministry of Agrarian Policy
In 2016/17 MY, Ukraine to keep the high potential of grain exports - APK-Inform
April 26, 11:20