New facilities for advanced soybean processing to be built in Russia

 26.06.2017 10:39:51

08.06.2017 | UkrAgroConsult
LLC Isolate is planning to construct a new soybean processing plant in the Lipetsk special economic zone. The amount of investment is estimated at RUB 3.3 Bl. The start of the active construction phase is scheduled for late summer. Land survey works have been completed to date, geological prospecting is under way now, as well as preparation for holding a contest among design agencies.

The new plant will produce soybean isolate, soybean oil and feed additives by the latest technologies used in Israel and the U.S. and ensuring high-tech processing of soybeans, said the company's CEO Vladimir Aksenov.

Noteworthy, Russian crushers recently become increasingly interested in manufacturing products of advanced soybean processing and the construction of new high-tech facilities is concentrated in close proximity to a feedstock source. So, UkrAgroConsult previously reported the launch of a processing plant of LLC AmurAgroTsentr in the Far East, which is to begin manufacturing soybean products of deep processing at its second construction stage. In addition, in the Jewish autonomous region, China's Joybay Agricultural Holding Limited is ready to implement an investment project also aimed at soybean isolate production.

Further prospects of the Black Sea oilseeds/vegoils market will be discussed at the V International Conference "Black Sea Oil Trade", which will take place on September 19, 2017 in Hilton hotel, Kiev, Ukraine.