ViOil covered more than one third of the Ukrainian market of rapeseed oil

Source

APK-Inform

1626

For the first 2 months of 2019/20 MY, plants of the Industrial Group ViOil produced 40 thsd tonnes of rapeseed oil, and took more than one third of the domestic market in Ukraine, declared the press-service of the company on November 19.

ViOil already securely consolidated on the market. The company products are top requested among customers, due to its high quality. The demand rates for biodiesel in the EU are still high, so in 2019/20 MY the company plans to increase the production of rapeseed oil. Due to the drought during the planting campaign, in the current autumn Ukrainian agrarians planted somewhat less rapeseed than previously expected. But the warm weather played into the hands of agrarians: in 2020, the harvest volumes will total at least 3 mln tonnes, stressed the Chief Commercial Officer at ViOil, Igor Gadomskiy.

As a reminder, in 2018/19 MY Vinnitsa and Chernovtsy Fat and Oil Plants of ViOil produced nearly 33 thsd tonnes of rapeseed oil. According to calculations of the Association Ukroliyaprom, the general share of ViOil Group enterprises covered for more than 26% of the reporting market segment.

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