Kernel to boost sunflower processing
26 November 2021
Kernel, a Ukraine-based agroholding and leading sunflower oil producer, plans to process 3.8 million tonnes of sunflower in FY 2021/22 and therefore raise its oilseed processing volumes 18% as compared to the previous fiscal year. The key driver behind these expectations is record-high sunflower harvest this year countrywide. In Q1 FY 2021/22, Kernel’s revenues from oil extraction segment rose 24% to $365 million as compared to the same period of FY 2020/21.