KYIV. April 13 (Interfax-Ukraine) – The Allseeds Group seeks to expand the capacity of its elevator by 50%, to 120,000 tonnes, investing $7.5 million in it before October 2016.
The company said in a press release that the elements of the elevator will be shipped by the traditional partner of Allseeds – Jiangsu Muyang Group. A contract worth $1.5 million has been signed with the Chinese company.
“The expansion of the company’s elevators and warehouses jointly with building an additional transportation line will cost $7.5 million. This would help to considerably increase the speed of crop acceptance, cut time for processing trucks and railway cars,” Allseeds Director General Volodymyr Slabovsky said.
Allseeds Group in July 2015 launched a first line of the oil crushing plant at Yuzhny port in Odesa region with a capacity of 2,400 tonnes of oilseeds a day. Allseeds by 2021 will expand the capacity of its plant at Yuzhny port to 10,000 tonnes of oilseeds per day through the construction of second and third production lines at the plant.
