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Ukraine's Kirovohrad's Creativ Group builds US$39 million soy plant

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Publish time: 23rd July, 2009      Source: www.cnchemicals.com
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July 23, 2009

   
Ukraine's Kirovohrad's Creativ Group builds US$39 million soy plant
   
   


Creativ Group (Kirovohrad), one of the largest vegetable oil producers in Ukraine, jointly with its Russian partners has built a soy plant in Kirovohrad worth around US$39 million, investing some US$20 million in it and receiving a 51 percent stake in the plant.

   

   

Creativ Group board chairman, Yuriy Davydov, said part of the company's 50:50 investment includes borrowed funds and some funds raised after the placement of shares at an exchange.