News archive
30 December 2019
MHP to launch the world’s largest biomass power plant
News -MHP, a Ukraine-based agroholding, reports to have started a launch of a 24-megawatt biomass power plant in the Vinnytsia region. The facility uses organic waste from broiler production for biogas generation. After reaching its full capacity, the plant will become the world’s largest biogas facility of its kind. For now, the amount of energy…
27 December 2019
Study: Foreigners control 5% of Russia’s farmland through ownership in agroholdings
Overview -Russian official statistics recognizes the following three types of agricultural producers: agricultural enterprises (corporate farms), peasant farms and individual rural households. However, none of these groups officially includes so-called agroholdings – vertically and horizontally integrated large farming structures consisting of numerous…
27 December 2019
Epicentr K on loan from foreign investor
News -Epicentr K, a Ukraine-based agroholding, will receive a $ 70 million loan for the period of seven years from the Black Sea Trade and Development Bank (BSTDB). The funds will be invested in business development, particularly asset acquisition as well as construction of new and modernization of existing grain elevators. Epicentr K plans to raise its…
23 December 2019
MHP awarded for sustainable practices
News -MHP, a Ukraine-based agroholding, received an award for implementing its waste management project from the Ukrainian Forum Eco-Transformation-2019. The project aims at minimizing the harmful effects of large-scale operations on the environment through sustainable waste utilization and switching to renewable energy sources. MHP uses plant-based…
23 December 2019
Astarta raises attractiveness of employment in farming sector
News -Astarta Kyiv, a Ukrainian leading producer of crops, sugar, and milk, was awarded with “HR Brand Ukraine 2019: innovations, trends and the best decisions of employers” for successful implementation of its project “My future in agro: new opportunities in IT”. Launched back in 2017, the project aims at deconstructing the biased attitudes and…
20 December 2019
JBS to import corn due to high domestic prices
News -JBS, a Brazil-based meat producer, plans to import nearly 200,000 tonnes of corn in response to increased domestic prices. The corn shipments, likely originating from Argentina or Paraguay, will allegedly arrive in early 2020, when supply is expected to decline. Corn prices have increased more than 30% since September 2019 reaching a record high…
20 December 2019
Svarog West Group completed harvesting campaign
News -Svarog West Group, an agroholding operating 80,000 hectares in the Khmelnytskyi and Chernivtsi regions of Ukraine, reports to have finished the harvesting campaign in the current season. The average yield results are as follows: winter wheat -7.4 tonnes/hectare, spring wheat - 6.5 tonnes/hectare, corn - 10.2 tonnes/hectare, soybean - 3.8…
20 December 2019
Marfrig launched vegan meat brand
News -Marfrig, a Brazil-based meat producer and processor, launched the production of plant-based meat products under the brand Revolution. The company plans to supply non-meat burgers and other vegan alternatives to meat locally as well as export them. Marfrig decided to expand its production portfolio in response to a global trend towards the growing…
19 December 2019
Rusagro to construct the world’s largest sauce plant
News -Rusagro, a Russia-based agroholding engaged in crop, sugar and meat production, plans to implement several new investment projects aimed at increasing the existing production capacities and constructing the new ones. In particular, Rusagro wants to invest $ 16 million in expanding the capacities of two oil extraction plants and a fat processing…
19 December 2019
JBS USA to acquire meat processing plant
News -JBS USA, a U.S. subsidiary of JBS SA, has leased a meat processing plant owned by a U.S.-based family enterprise J&B Group, with the intention to acquire it in the future. The facility, which is designed to produce fresh and frozen ground beef and steaks, stopped production in November 2019 due to the owners’ decision to move operations to another…