ROS AGRО PLC (LSE: AGRO) has announced the start of preparation for construction of second desugarization station22.01.18
In autumn 2019, the Company plans to launch its second molasses desugarization station. Extra sugar production may reach up to 70 thousand tonnes of sugar annually.
Desugarization station is going to be constructed at Chernyansky sugar plant in Belgorod region. Capacity should allow to process 100% of molasses produced at 6 Company’s sugar plants based in Belgorod, Kursk and Orel regions.
The project costs are estimated at 5.7 billion rubles, 80% of which should be financed by loan.