Business news from Ukraine

Business news from Ukraine

LARGEST SUGAR PRODUCER TO OPEN THREE NEW SILOS IN POLTAVA REGION

5 July , 2018  

Astarta agroindustrial complex, the largest sugar producer in Ukraine, in July will launch three grain storage complexes in Poltava region: Yareski grain silo (with the capacity of 100,000 tonnes), Lutovynivka grain silo (100,000 tonnes) and Skorokchodove grain silo (30,000 tonnes)
According to the press release of the company, total CAPEХ for the projects was around EUR 32 million.
“Two intake lines with 150 mt/hr capacity each are in operation at Yareski and Lutovynivka silos and one 150 mt/hr line at Skorokchodove silo. All are equipped with an automatic control system and necessary transport infrastructure,” the company said.
The new silos are to operate starting from this harvesting campaign. New facilities are aimed to cover both Astarta subsidiaries’ and local partners’ needs.
With the launching of these three silos, Astarta’s grain storage investment program (started in 2015 aiming at over 500,000 tonnes) is around 70% fulfilled. Thus, the company operates five modern grain silos in Poltava, Vinnytsia and Khmelnytsky regions and plans to undertake further steps aimed at meeting the mentioned program target.

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