Russia: A starch production plant is planned to open in Chuvashia in the next two years

Published 2021년 4월 19일

Tridge summary

A new starch production facility with an initial capacity of 45 thousand tons per hour and a cost of approximately € 30 million is set to be built in Chuvashia within the next 1.5 to 2 years, as announced by the republic's Minister of Agriculture, Sergei Artamonov. The project, which aims to meet the demand for high-quality potato starch in both global and domestic markets, is currently under discussion with a potential investor and is expected to be located in one of the republic's potato-growing regions.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

A starch production facility with a capacity of at least 45 thousand tons per hour and a cost of about € 30 million is planned to be created in Chuvashia in two years. This was announced in an interview with TASS by the Minister of Agriculture of the republic, Sergei Artamonov. "It will take 1.5-2 years to launch the plant. The plant with equipment costs about € 30 million. This is if we are talking about the volume of 45 tons per hour. If we double the capacity, it will be more expensive," the source said. The minister specified that the project was discussed at the Chuvashia embassy under the President of the Russian Federation together with the plenipotentiary representative of the republic, Peter Chekmarev, and the heads of the republic's potato farms. “In addition, Oleg Radin, President of the Soyuzkrakhmal Association, took part in the meeting with us. He also noted the demand for high-quality potato starch in the world and domestic markets,” Artamonov added. According to ...
Source: Milknews

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