
The largest oilseed processing plant in the Far East purchased 25 thousand tons of new crop soybeans
AI-generated summary
The Sodrugestvo group of companies has built the largest production and logistics complex for processing oilseeds in the Far East.
BLAGOVESHCHENSK, September 17 – RIA Novosti. The largest oilseed processing plant in the Far East of the Sodruzhestvo group of companies in Belogorsk, Amur Region, acquired a batch of soybeans from a new crop and is preparing to launch production, the regional government reported.
The production and logistics complex of the Sodrugestvo Group of Companies is currently undergoing the commissioning stage, the government clarified. The total investment in its construction amounted to about 38 billion rubles. The site has created production facilities, energy and engineering infrastructure, a bulk cargo terminal and its own railway junction.
“This plant is the largest and most modern in the Far East. It will process 1 million tons of oilseeds per year. Most of the Amur soybeans will be processed at this plant. The company has already begun purchasing soybeans - 25 thousand tons have been purchased,” the government of the Amur region quotes Vasily Orlov as saying.
The head of the region noted that the recruitment of specialists has begun: of the 600 required employees, 360 have already started work. The regional government helped the company with housing - 70 apartments were provided under the rental housing program, and it is also planned to build a house for workers and their families. He noted that the company is involved in the social development of Belogorsk, including supporting sports.
“Upon completion of commissioning work, we will supply raw materials. The raw materials are already from the current year’s harvest. The planned date for their arrival is the end of November. The plant has a very high level of automation. The work will be around the clock - four shifts, with only eight people serving the production directly per shift,” Pavel Zarkov, director for development, investments and external relations of Management Company Sodrugestvo LLC, is quoted in the message.
The enterprise will produce vegetable oils and soybean meal for animal feed, the government specified. In the future, it is planned to expand the line of highly processed products, including soy protein isolate and lecithin. The main part of the meal will go to the Russian market, oils and other products will go to Russian consumers and for export to China and the countries of Southeast Asia.
The report notes that an important part of the project was its own transport infrastructure. An industrial railway station with an estimated freight turnover of up to 1.5 million tons per year was built, the length of the tracks is about 10 kilometers.
AI outlook — possibilities, not facts
The plant will begin industrial acceptance of raw materials at the end of November
Very likely · Within months

Financial analyst at BCS World of Investments Andrey Smirnov predicts the strengthening of the ruble to 83 rubles per dollar at the end of September. The main growth factors were identified as rising oil prices, a decrease in foreign currency purchases by the Ministry of Finance and the tough policy of the Central Bank of the Russian Federation.

The American investment group Heeney Capital signed an agreement with the Venezuelan state-owned company CVM to invest up to $1 billion in the Choko gold deposit in the El Callao area.

Major importers of Russian oil, including China and India, face 100 percent US tariffs under the new bill. Analysts note the difficulty of replacing Russian supplies and possible attempts by countries to achieve exceptions.

The National Bank of Ukraine increased the discount rate by 0.5 percentage points. up to 16% per annum. The regulator explains the decision by the need to curb inflation, which accelerated to 8.1% in August, and the desire to maintain the attractiveness of hryvnia assets.

Chinese auto giant BYD intends to build four plants in Europe, including three assembly plants and one battery plant, amid new EU tariffs on electric vehicles.

The Bank of England kept its key rate at 3.75 percent following its meeting on September 16. The majority of committee members voted to maintain the rate, while three were in favor of increasing it.