News 264 views last update:6 Aug 2012

Cargill: More oil seed production in Ukraine

Cargill has expressed interest in building another oil seed extraction plant in Ukraine, costing about $80 million.

Cargill officials in Ukraine confirmed their company's interest to construct the plant, but declined to provide details concerning its location and which oils-bearing crops – sun, rape or soy – would be processed at the plant. A report by business daily Kommersant-Ukraine suggested the facility would process rapeseed, a key raw material used in producing bio-fuel.

Currently, three multinational agro-industry leaders have a strong presence on Ukraine's oil-bearing crop and processing business: Cargill, Archer Daniels Midland (ADM) and Bunge. Ukraine is the world's number one sun oil-producing country and the number two sun seed producer after Russia. Cargill runs two oil-extraction plants in Ukraine – in Kakhovka and Donetsk.

Related website:

To receive more animal feed news, subscribe here

Editor AllAboutFeed

Or register to be able to comment.