The agricultural group Ristone Holdings plans to complete the modernization of the acquired Kosarsky Distillery LLC at the end of October 2025, with production expected to start in November-December 2025, the agricultural holding’s press service reported on Facebook.
The agricultural group recalled that it acquired the distillery in August 2023 and received a license to produce undenatured ethyl alcohol in October 2024. This allowed it to begin a major modernization of the undenatured ethyl alcohol production line in February 2025, with a planned capacity of 36 tons/day. In addition, a new high-tech distillation and dehydration line is being prepared for launch at the distillery.
Ristone Holdings has already completed the reconstruction of existing workshops: boiler rooms; processing and cooking departments; installed a water treatment system and assembled a new gas pipeline.
“The key element of the investment project is the construction of a new distillation and dehydration line with a capacity of 60 tons/day. This is a modern technological complex designed to produce bioethanol of the highest degree of purification. The industrial scale of production at 60 tons/day will allow the plant to become a significant player in the Ukrainian market and meet the demand of large consumers,” the agricultural holding noted, adding that it plans to launch the bioethanol production project at the end of 2025.
Ristone Holdings is a vertically integrated agricultural holding company that includes: Dnipromlyn LLC, Bread Factory No. 10 LLC, Orilsky United Elevator LLC, Orilskaya Agricultural Firm LLC, Agroalliance LLC, Agrofirma Victoria, LLC, Agrofirma im. Gorkogo, STOV Zlagoda, etc.
Ristone Holdings cultivates 65.8 thousand hectares in the Dnipropetrovsk, Kharkiv, and Zaporizhzhia regions. It is engaged in the cultivation of grain and industrial crops, animal husbandry, production, and wholesale and retail trade in agricultural products, in particular, flour, bread, bakery products, etc.
In November 2021, the agricultural holding company acquired the Kosarsky Distillery (Kosari village, Smila, Cherkasy region) through Agrofirma im. Gorkogo LLC for UAH 162 million, which is three times more than the starting price. Ristone Holdings announced its intention to invest approximately UAH 130 million in the development of the acquired asset.
The founder and chairman of the supervisory board of Ristone Holdings is Vadym Nesterenko.
