Business news from Ukraine

Business news from Ukraine

ALLSEEDS GROUP PLANS TO INCREASE CAPACITY OF VEGETABLE OIL STORAGE FACILITIES

Allseeds group of companies is finalizing the construction of vegetable oil tanks at its terminal in Yuzhny seaport (Odesa region) in order to increase their storage capacity to 132,000 tonnes. At the loading rate of 1,300 tonnes of oil per hour, a 50,000 tonnes tanker will be full in just 40 hours, according to the group’s press release.
Allseeds in the nearest future is also planning to increase the total storage capacity of its vegetable oil terminal up to 200,000 tonnes.
According to the information on the group’s website, the storage capacity of its vegetable oil terminal is 42,000 tonnes.
Allseeds Group was founded in 2010.

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UKROLIYA ALLOWED TO EXPORT ORGANIC VEGETABLE OIL TO U.S. MARKET

Ukroliya (Poltava region) has certified organic products in accordance with the USDA Organic standard of the U.S. Department of Agriculture. According to a company press release, this certificate opens up the prospect of supplying organic vegetable oil to the United States market for the company. The USDA Organic/NOP certificate covers all aspects of production, processing, transportation and sale of organic products.
Earlier, the company certified its products according to the organic products standard of the European Union and the Swiss standard BioSuisse.
As reported, in November 2017 Ukroliya launched a plant for production of organic oil, Ukroliya Organic, in the village of Dykanka (Poltava region). Investments in it amounted to about UAH 50 million. The company plans to process 18,000 tonnes of sunflower, 50,000 tonnes of soybeans a year, produce 7,020 tonnes of organic sunflower oil, 6,750 tonnes of organic soybean oil, 7,100 tonnes of cake, and 3,000 tonnes of sunflower husk. Ukroliya was founded in 2001. It is engaged in production and sale of packed and bulk sunflower oil, sunflower meal, and husk. Its production facilities are located in the village of Dykanka and Zenkiv town (Poltava region).

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