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Hungarian company to build vegetable oil plant in Uzbek region

Business Materials 18 April 2019 16:41 (UTC +04:00)

Baku, Azerbaijan, Apr. 18

By Fakhri Vakilov – Trend:

The Hungarian Kiss Group plans to organize a plant for the production of vegetable oil in the Jizzakh region of Uzbekistan, Trend reports with reference to the National Project Management Agency (NAPU).

“A preliminary agreement was reached with the Hungarian side on the implementation of a joint project to organize the production of vegetable oil in the Jizzakh region. It envisages the construction of a plant with a production capacity of 100,000 tons of oil per year,” the agency said noting the result of negotiations with Hungarian company.

The parties also discussed the issues of site selection for the construction of the plant, opportunities for growing sunflower and other oil seeds in the Jizzakh region to provide the necessary raw materials for production, as well as the selection or creation of an organization coordinating the cultivation of seeds.

In addition, questions were raised about the availability or creation of storage for the harvest, suitable outlets for the sale of vegetable oils and seed by-products that can be used as animal feed. An important issue was the discussion of creating a logistics network for collecting seeds and transporting the produced vegetable oil to consumers.

Representatives of the Hungarian company are planning to visit Jizzakh from April 18-19 in order to familiarize themselves with the sown areas suitable for growing Shrovetide crops, visiting a possible plant construction site and inspecting ongoing projects in the free economic zones.

KISS Group specializes in general contracting for the installation of technologies for the food and beverage industry, the pharmaceutical and chemical industries. Renewable resources have become one of the company's activities, due to the limited availability of fossil fuels and environmental protection. The most dynamic direction of the company is the production of vegetable oils.

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