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China is investing in a plant for processing of oil in Kazakhstan
In Kazakhstan the village Ilichevka Amalickiah rural district will soon start a new venture LLP "Taiynsha-May", specializing in the processing of oilseeds, according to UkrAgroConsult
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The project is implemented jointly with Chinese investors. The design capacity will be 300 thousand tons of raw materials per year. The activities of the company aimed at the production of export-oriented products.

Over the past three seasons the exports of sunflower oil from Kazakhstan to China rose from 1.3 million tons in 2013/14 my to 9.3 thousand tons in 2015/16, and for the first two months of the 2016/17 season (September-October) deliveries already amounted to 1.4 thousand tons.

China is not the first time shows interest to the agricultural sector and investing in refining capacity in this country. The issue of increasing oilseed crops will become increasingly important in the coming years, given the policy of the state aimed at increasing the acreage and production of oilseeds.



Translated by service "Yandex.Translation"
Источники: УкрАгроКонсалт
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