East Kazakhstan Region plans to increase production of vegetable oils to 350 thousand tons by 2025

Published 2024년 8월 19일

Tridge summary

Twelve businesses in East Kazakhstan region are involved in the processing of oilseeds, accounting for 38% of the country's total sunflower oil production and 52% of the refined oil. A new oil extraction plant, ALTAI MAI LLP, is nearing completion, set to increase the region's vegetable oil production to 350 thousand tons by 2025. The region also plans to build a workshop for refining oil at Altyn Shygys LLP by the end of 2025. To support these new enterprises, the sowing areas for sunflower and other oilseeds have been expanded, and a pilot program for the tripartite forward purchase of sunflower oil is being implemented to finance agricultural producers through processors.

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Original content

In the East Kazakhstan region, 12 enterprises are currently engaged in the processing of oilseeds, including three that produce bottled deodorized refined sunflower oil. The plants in the East Kazakhstan region annually produce 255 thousand tons of raw oils, which is 38% of the total production of sunflower oil in the Republic of Kazakhstan, and 52% of refined oil. The workload of the enterprises is 68%. Also, the press service of the Ministry of Agriculture noted, the construction of a new oil extraction plant, ALTAI MAI LLP, is being completed in the region. The cost of the project with a daily capacity of 500 tons is more than 26 billion tenge. The launch of the enterprise, which will provide a full cycle of production of bottled refined sunflower oil, will increase the volume of vegetable oil production in the East Kazakhstan region in 2025 to 350 thousand tons. In 2025, the region also plans to build a workshop for refining oil at Altyn Shygys LLP. The project cost is 8 ...

Source: Oilworld