Details of a deal for the joint purchase of a 16% stake in Allseeds SA by the Dutch Development Bank (FMO) and Diligent Capital Partners (DCP) were disclosed at a press conference within the framework of a media tour organized by Allseeds Company.
Following a comprehensive independent examination of the investment object, it was decided to finance a growth strategy of Allseeds aimed at expanding its oilseed processing capacities, increasing the volumes of handled export vegetable oils and meals and raising the added value. Allseeds makes ambitious plans to occupy leading positions in the industry through implementing its development program, reports UkrAgroConsult.
The plant’s crushing capacity is now estimated at 2.4 KMT of sunseed a day (1.8 KMT of rapeseed and 1.5 KMT of soybeans). In the 2018/19 season, it is planned to exploit the oil extractor’s multi-seed functionality to the full extent. Early in the season, the plant crushed rapeseed for the first time – it processed over 62 KMT of this feedstock. Apart from traditional sunseed, it will also begin processing soybeans for the first time at the beginning of the new calendar year.
In the future, the company is going to build a soybean crushing plant, launch facilities for vegoil deodorization, refining and bottling, and bring the vegoil handling volume up to 2.5 MMT.
Detailed analysis of the latest trends in oilseeds/vegoils/meals exports, palm oil imports, supply and demand balances with breakdown by crop as well as crop conditions and progress in planting/harvesting in the countries of Black Sea Region is available to subscribers for weekly market report "Black Sea Vegoils" by UkrAgroConsult.
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