"Kernel Group" will construct oil extraction plant

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On September 29 the Kernel Group company confirmed plans about construction new, the fourth in group, oil extraction plantin the 510 thousand tons of seeds Nikolaev area in a year,that taking into account expansion of other productions will allow to double as a whole capacities of group for processing almost, the Businessman - Ukraine" writes ".

According to the message of the holding company of Kernel Holding S.A group. (Luxembourg), start of new plant which will be capable to process various oil-bearing crops, is planned for fall of 2009.

Concerning the agrarian business of Kernel reports about plans to increase land bank by 28% in 2009 financial year - to 100 thousand hectares and to increase production of grain for 270% - to 255 thousand tons.

"Kernel Group" - vertically integrated national company working in agro-industrial sector of Ukraine since 1994. "Kernel" includes the Poltava oil extraction plant (MEZ), the Prikolotnyansky and Volchansky MEZY, over 20 elevators, the Kernel — the Trade trading company working at securities market the Kernel — the Capital company, representing interests of group in the international markets the Inerco company. Company trademarks: "Generous Gift", "Stozhar", "Chumak домашня", "Chumak of gold", "Lyubonka".


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