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Ukraine’s Agroliga completes construction of oil extraction plant

Source : 112 Ukraine

The range of oilseed crushing volumes will be between 100 and 180 KMT given no extra investment in equipment
14:09, 20 February 2018

Open source

Agroliga Group is close to the completion of the construction of an oil extraction plant near Nova Vodolaga in Kharkiv region, UNIAN reports. The launch of the plant’s operations is scheduled for the first quarter of 2018.

The claimed range of oilseed crushing volumes varies within 100-180 KMT assuming no additional investment in equipment. If the plant manages to attract minor investment, the aforementioned capacity could rise to 280 KMT annually.

Related: Ukraine reduced oil extraction by 12% since the beginning of 2016

The commissioning of a state-of-the-art extraction line will increase the oil yield by 10% compared with the pressing technology. Instead of oil cake, the corporation will get sunseed meal containing at least 38% of protein, and a residual oil content of around 0.5-1%.

Additionally, the plant’s new equipment may be adjusted toward crushing other oilseeds (rapeseed and soybeans) with no extra expenses.

Related: Oil price hits record high, gasoline prices in Ukraine continue soaring

In 2017, Ukraine exhibited record high volumes of sunflower oil exports (5.8 million tons) and sunflower cake (4.9 million tons). Ukraine’s parliament on 7 December 2017 voted to abolish VAT refunds for oilseeds exports (soybeans, rapeseed and sunflower seeds) from 1 March 2018, which enraged farmers of Ukraine.

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