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"Creativ" to invest USD 49 mln to new oil extraction capacities

Industrial group “Creativ”, the biggest Ukrainian producer of fats and margarines, invests USD 49 mln to construction of new oil extraction plant in Kirovograd. Planned capacity of the new plant constitutes 1.7 thd tons of seeds per day. Construction is to be finished in May 2012/ After the plant is put in operation, total extraction capacities of the group will go up to 2.95 thd tons of seeds per day. With 30% market share, IG “Creativ” is the major producer of fats and margarines in Ukraine. Also, “Creeativ” is the third biggest producer of sunflower seed oil in the country. The products of the Group are sold under trademarks “Sonola”, “Kum” and “Maslovia”. The part of production volume is exported to CIS countries.