/KASE, September 15, 2021/ – Development Bank of Kazakhstan JSC (Nur-
Sultan, bonds, KASE official list), has provided KASE with the following press
release dated September 15, 2021:
Development Bank of Kazakhstan JSC (a subsidiary of Baiterek National
Management Holding JSC, hereinafter referred to as the Bank, DBK) has opened
a credit line for the implementation of the investment project of Maslo-Del
Petropavlovsk LLP for the construction of a new oil extraction plant with a
processing capacity of oilseeds up to 1,200 tons per day.
The launch of a new extraction plant will significantly increase the processing
of oilseeds, the production of vegetable oil, in particular flaxseed and
rapeseed oil, as well as feed for cattle (seed cake). When reaching 100% design
capacity, the company plans to process 180-300 thousand tons of oilseeds per
year, which is 7.6-12.7% of the annual gross harvest of oilseeds. The project
is completely export-oriented, the main direction for the sale of vegetable oil
will be China, and for the export of feed - Europe, Russia and China.
Representatives of Maslo-Del Petropavlovsk LLP plan to put the plant into
operation in 2023; construction work will be carried out on the territory of
the existing own grain storage with a total capacity of 58 thousand tons of
simultaneous storage of oilseeds -
https://kase.kz/files/emitters/BRKZ/brkz_reliz_150921_1.pdf
[2021-09-15]