News

Ukraine, Astarta is building a line of deep processing of soybeans for $ 50 million

Soybean
Ukraine
Published Sep 16, 2021

Tridge summary

In September 2021, the agro-industrial holding Astarta launched a new investment project, within the framework of which a new technological line for advanced soybean processing with a capacity of up to 100 thousand tons of soy protein concentrate per year will be built on the basis of an integrated soybean processing complex (Globino).

Original content

According to the company’s message, the project will last 2 years. The volume of planned investments is about $ 50 million. It is noted that the innovative technology for Ukraine provides for the production of soy protein concentrate (SPS) from non-granulated soybean meal by the method of extraction using a water-alcohol solution. Soy concentrate is used as a high quality feed additive for all types of animals, poultry, and fish. “It is very important for Ukraine to gradually reorient its economy from a raw-material export model to the production of products with high added value and deep processing of soybeans is one of the promising areas for the development of the domestic processing segment. Moreover, Astarta, a business that adheres to the principles of sustainable development and is responsible for the consumption of resources, will offer the market not just a quality product, but a quality non-GMO product made from European soybeans with guaranteed traceability. The ...
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