Business news from Ukraine

Business news from Ukraine

In Odesa region, plans in place to invest over $20 mln in processing salt from Kuyalnik Estuary

Kuyalnik Salt Works LLC plans to invest over $20 million in a project to extract excess salt from the Kuyalnik Estuary and process it into table salt, according to the publication SEEDS.

The Odesa Regional Military Administration and the company signed a memorandum of cooperation on the implementation of investment and environmental projects in the Kuyalnik Estuary area. The Odesa Regional Military Administration officially confirmed the investor’s intention to invest over $20 million in the project.

According to SEEDS, Kuyalnik Salt Works LLC was established in 2026. The company plans to extract excess salt from the estuary and process it into food products. The estimated production capacity is approximately 300,000 metric tons of salt per year.

This volume accounts for about three-quarters of Ukraine’s salt imports in 2025. According to the State Customs Service, last year Ukraine imported about 415,000 metric tons of salt worth $49.6 million.

Thus, the implementation of this project could significantly reduce Ukraine’s dependence on imported table salt, and once production reaches full capacity, it could lay the groundwork for resuming salt exports.

The need to develop new salt sources increased sharply after the Artemsil plant in Soledar shut down in 2022. Prior to the full-scale invasion, Ukraine was a major producer and exporter of salt; however, after losing access to its key production facilities, it became heavily dependent on supplies from abroad.

The project on the Kuyalnik Estuary also has an environmental component. According to the Odesa Regional State Administration, the memorandum provides for the development of environmental protection infrastructure, the implementation of modern environmental solutions, and the execution of “green” projects. The issue of utilizing the estuary’s salt resources has been under consideration for over a year, with the participation of the Cabinet of Ministers, scientists, and relevant experts.

Before commencing industrial extraction, the company must still complete the procedures required by law, including an environmental impact assessment and obtaining the necessary permits for the use of natural resources. The Kuyalnik Estuary has special environmental protection and resort status.

Original source of the article: SEEDS – “Investor Plans to Invest Over $20 Million in Processing Salt from the Kuyalnik Estuary for Food Use”.
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