Cherkizovo invests 10 bln rbl in oil extracting plant

MOSCOW, Aug 11 (PRIME) -- Russian agricultural holding Cherkizovo has launched a 10 billion ruble oil extracting plant in the Lipetsk Region, Russian Agricultural Bank that supported the project, said on Thursday.

The capacity amounts to 1 million tonnes of soy beans per year, from which the plant can produce 783,000 tonnes of meal, 6,500 tonnes of lecithin and 200,000 tonnes of oil.

The plant will include an elevator, a railway station and a power facility.

(60.4542 rubles – U.S. $1)

End