15 January , 2016
KYIV. Jan 15 (Interfax-Ukraine) – Top managers of Sumy Regional Administration have reached an agreement with investors from Azerbaijan on opening a soybean plant with a crushing capacity of 220,000-250,000 tonnes in Romny district and investment of up to $22 million, Sumy Regional Administration Head Mykola Klochko has said.
“In addition, it is planned to launch the first phase of alternative fuel plant, particularly, bioethanol, on the basis of the former Velyko-Zhovtnevy sugar refinery in Bilopillia district in 2016. Investment in the plant is up to $30 million,” the regional administration reported on its website, citing Klochko.
He said that he is confident about these projects as they have concrete agreements.
He said that it is planned to create over 200 jobs at the initial stage of the soybean plant.
Other details on investors are not given.
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