Russian agricultural company will add vegetable oil to export

Published 2021년 6월 7일

Tridge summary

The Svetlyi agricultural company is investing 3 billion rubles in constructing an oil extraction plant in the Malchevskaya Millerovsky district, with the aim of fully exporting bulk sunflower oil. The plant will process 500 tons of seeds daily and is expected to be mechanized with modern equipment. The company plans to recoup the investment within 6-10 years and aims to increase yield by cultivating more sunflower seeds, with potential expansion into a feed mill. Despite current market conditions and export restrictions, the project is seen as promising for the future. Russia's production of crude vegetable oil has been increasing annually, reaching a historical maximum in 2020 with 5.8 million tons of sunflower oil produced.

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Original content

06/07/2021 The Svetlyi group of agricultural companies is implementing a project for the construction of an oil extraction plant. The volume of investments will amount to 3 billion rubles. Bulk sunflower oil will be fully exported. According to the expert, the project is promising and will be successful with the availability of raw materials. A group of agricultural companies "Svetly" began designing an oil extraction plant (MEP) with a capacity of 500 tons of seeds per day, started preparing the territory and signed an agreement for the supply of equipment from Italy. The enterprise will be located in st. Malchevskaya Millerovsky district. - We will crush oil from our seeds - we will provide the oil extraction plant with our raw materials by two-thirds, - said Nikolay Goncharov, director of Svetlyi Group. - And it will be at the level of the most modern and productive plants in Russia. We went to Saratov, where 250 people work at a similar plant, we will employ 80. The maximum ...

Source: Oilbranch