Allseeds Group, a major Ukrainian producer and exporter of vegetable oils, is expanding five fold the storage capacity of its vegetable oil tank farm

Allseeds Group, a major Ukrainian producer and exporter of vegetable oils, is expanding five fold the storage capacity of its vegetable oil tank farm at its terminal in Yuzhny, on the Black Sea. With a 200,000 ton storage capacity, the terminal now can load oil at 1,300 tons an hour, filling a 50,000-ton tanker in 40 hours. In 2015, Allseeds commissioned an oil extraction plant at Yuzhny with a daily processing capacity of 2,400 tons of sunflower seeds, or 1,800 tons of canola, or 1,500 tons of soybeans. Last week, FMO, the Dutch Entrepreneurial Development Bank, restructured their investment in Allseeds.