Cygnet Agrocompany invests USD 480 thou. in sugar refinery

Cygnet Agrocompany scheduled modernization of the sugar refinery in Andrushky village of Zhytomyr region, AgroTimes informs.

The total investment will reach USD 480 thou. It is planned to upgrade and automate equipment, improve technological production schemes and overhaul.

The message says that the planned modernization will help Cygnet to increase sugar beet processing capacity to 2.9 thou. tons/day, reduce gas expenditures per ton of processing to 27 cubic meters and increase first category sugar production to 60 pct.

Earlier company informed about a USD 2 mln investment in machinery.

The infographic guide Agribusiness of Ukraine 2017/18 is available by the link.

Sugar production in Ukraine (click for higher resolution)

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