Business news from Ukraine

OIL AND FAT MILLS OF VIOIL RESUME WORK AFTER OVERHAULS

The oil and fat mills of ViOil industrial group have resumed their work after overhauls. “ViOil has completed the overhauls of its oil and fat plants. All the plants of the group are fully prepared for the new season of processing oilseeds,” the group’s website reported. Now the program of processing rapeseeds starts at the enterprises. The plan is to process about 107,000 tonnes of rapeseeds by the end of summer.
Commercial Director of ViOil Ihor Hadomsky noted that rapeseed oil and meal are in high demand in the foreign market. “We will send all the rapeseed oil to China. The main buyers of rapeseed meal are the EU countries, where it is used as a feed additive in animal breeding,” he said.
As reported, Kernel, one of the largest Ukrainian agrarian groups, in February-2019 acquired 5.85% of ViOil shares.

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