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.