Business news from Ukraine

ASTARTA EXPORTS 50,000 TONNES OF CORN TO CHINA, TO SUPPLY 65,000 TONNES MORE BY LATE 2015/16 AGRI-YEAR

18 March , 2016  

KYIV. March 18 (Interfax-Ukraine) – Astarta agro-industrial holding has shipped a batch of corn of around 50,000 tonnes to China, the holding reported on Wednesday.

Astarta would sell 65,000 tonnes of corn more by the end of the current 2015/16 agricultural year to China.

Soy oil made at Globyno processing plant is of great demand in China.

Since early 2015/16 agri-year almost all soy oil was exported to China.

Astarta is a vertically integrated agro-industrial holding, uniting six regional divisions in Poltava, Vinnytsia, Khmelnytsky, Ternopil, Zhytomyr, and Kharkiv regions. They include nine sugar factories, agricultural farms with a land bank of about 245,000 hectares and dairy farms. Last year, the holding commissioned a plant for processing soybeans in Poltava region (Globyno processing plant).