In the Azov district of the Rostov region, the construction of a flax processing plant of LLC “ASVA” (50% owned by JSC “Aston”) has started. Investments in the project are estimated at 2.8 billion rubles. This is reported by the press service of the government of the region.
As part of the project, a plant will be built with a full production cycle, tanks for one-time storage of up to 30 thousand tons of flax and 7 thousand tons of linseed oil, as well as a warehouse for floor storage of cake for 5 thousand tons. In addition, the plans include the launch of a refining workshop with a production capacity of up to 100 tons per day and the construction of a 2.8 km long railway.
It is expected that the production capacity of the plant will be 148.5 thousand tons per year. LLC “ASVA” will produce 53.5 thousand tons of linseed oil and 90 thousand tons of linseed cake. Most of the products are planned to be exported.
“I would like to note that the fat and oil industry exported $1.4 billion worth of products last year alone, and its share is constantly growing. The main task of the region is the processing and sale of processed products,” Viktor Goncharov, First Deputy Governor of the Rostov Region, said at the ceremony.
It is clarified that the company has started working at leased facilities, and now it is starting to build its own plant. The main construction works will be completed by the beginning of 2024.
A source: https://e-cis.info/news/567/109157/
