A new oil extraction plant will be built in Russia by 2023

Published 2021년 7월 15일

Tridge summary

The NMZhK Group of Companies is planning to build an integrated complex in Buzuluk, Orenburg region, for the deep processing of oilseeds and the bottling of vegetable oils. The complex will process up to 1 million tons of raw materials annually, producing up to 450 thousand tons of vegetable oil and 390 thousand tons of high-protein meal. The project also includes the production of packaged vegetable oil, mayonnaise, and sauces. The total investment for the project will be 23.4 billion rubles, with the first stage of the oil extraction plant expected to be launched in the 1st quarter of 2023. The company expects to increase its fat and oil product exports by over $ 300 million.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

NMZhK Group of Companies plans to build an integrated complex for deep processing of oilseeds, bottling of vegetable oils, production of mayonnaise and sauces in the city of Buzuluk, Orenburg region. This was reported by the press service of the company. The project provides for the construction of production facilities for the processing of sunflower, rapeseed, soybeans, flax and other oilseeds. “The complex will annually process up to 1 million tons of raw materials, produce up to 450 thousand tons of vegetable oil and 390 thousand tons of high-protein meal. The investment project also provides for the launch of the production of packaged vegetable oil in consumer containers - 125 thousand tons per year, mayonnaise and sauces - 80 thousand tons per year. The peculiarity of the project is the production of fat and oil products with high added value. To provide the complex with raw materials, an elevator with a capacity of one-time storage of 120 thousand tons of sunflower will be ...
Source: Elevatorist

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.