VITA LLP (Kazakhstan) launched new vegetable oil deodorization and purification workshop
24.04.01 00:00
/KASE, Apr 24, 01/ - VITA LLP (Almaty), in compliance with the listing
requirements, sent official notification to the Kazakhstan Stock Exchange
(KASE) informing of the fact that it has launched a new workshop for
industrial deodorization and purification of vegetable oil. In addition to non-
refined vegetable oils produced by the company, corn and sunflower, two
new types were added: refined sunflower oil "Slavnoe" and deodorized
refined sunflower oil "Extra". Laboratory analyses of these two new types of
oil showed there full compliance with international standards. Before the
appearance of these types of oil on the Kazakhstani market Nakosta JSC
(Switzerland) was the monopoly.
The launching of a new production facility was due to the funds raised by
VITA LLP ($1.5 mln) through bond issue, which were listed at the KASE. As
the company informs, by preliminary estimates new workshop will produce
$10.5 mln worth of products a year. Moreover, this workshop created
additional 30 new workplaces.
Second issue inscribed coupon bonds (KZ2CKAPUBA19, trade code -
VITAb2) of VITA LLP were entered into the official list of the KASE under
category "B" on December 6, 2000.
Primary activities of the company - purchasing, processing, production and
selling fat and butter products.