The agricultural division of the Epicenter K Group has launched two new silos and expanded the capacities of two more silos in Vinnytsia and Khmelnytsky regions and the number of own silos grew from six to eight and their total storage capacities expanded to over 800,000 tonnes.
According to the group’s press release, two new silo complexes were launched in Vinnytsia region: Vendychany (Mohyliv-Podilsky district) with a storage capacity of 120,000 tonnes and Vapniarka (Tomashpil district) with a storage capacity of 200,000 tonnes.
In addition, the reconstruction of the Vinnytsia elevator was completed, as a result of which its storage capacity was increased to 168,000 tonnes, the capacity of the Zakupne silo complex (Khmelnytsky region) also increased by 60,000 tonnes – after reconstruction, the enterprise can dry and store 105,000 tonnes of grain.
The investments of Epicenter K in the development and reconstruction of the silo business amounted to about UAH 3 billion.
According to the group, in the current season the new and upgraded silos of the company plan to accept about 50,000 tonnes of grain from external depositors for refinement and storage.
The Epicenter K said that the construction of a new silo in Vinnytsia with a capacity of 208,000 tonnes recently began. Work on the completion of the third phase of the Zakupne silo complex with a capacity of 184,000 tonnes is underway, as well as the restructuring of two more enterprises – Pererobnyk in Kyiv region, which storage capacities will expand by 105,000 tonnes, and Nemyriv silo complex in Vinnytsia region, where grain storage volumes will increase by 104,000 tonnes.
After the implementation of all projects, the silo grain storage capacity until the end of the 2019/2020 agricultural year will expand to 1 million tonnes. The company plans by the end of the 2020/2021 agricultural year to increase the company’s grain storage capacity to 2 million tonnes.
The total cost of projects for the development and reconstruction of silo complexes is estimated at UAH 4.6 billion.