Russia: A plant for the production of rapeseed oil for China will be built in the SEZ near Pskov

The investor intends to build an oil extraction plant on the territory of the Moglino special economic zone in the Pskov region, which will produce rapeseed oil for the Chinese market. The volume of investment in the project will be about two billion rubles, the regional governor Mikhail Vedernikov said in his Telegram channel. “At a meeting of the expert council of the Moglino SEZ, a project was approved for the construction of an oil extraction plant on the territory of our special economic zone. The enterprise plans to produce two main products. This is rapeseed oil for the Chinese market, as well as a high-quality feed base for the Russian market, for poultry farms in the North “West,” Vedernikov wrote. He noted that the planned investment volume is about two billion rubles. The estimated production volume in the first year of ...