ViOil rapeseed oil market share tops 25 pct

UkrOliyaProm Association estimates ViOil's market share in the segment of rapeseed oil at 26.3 per cent.

In September-February 2018/19, ViOil produced the highest volume of the product among companies operating in Ukraine.

“Our company was the first in Ukraine to start processing rapeseed and continues holding the lead in rapeseed oil and meal production. Our enterprises can process 2.2 thou. tons of rapeseed daily,” noted Dmitry Chalenko, Chairman of the Board of Vinnytsya Oil and Fat Plant, a structural division of the ViOil Industrial Group.

By the company's statement, ViOil's traditional markets for unrefined rapeseed oil are China and the EU countries where this product is actively used in the food industry and in biofuels production. Rapeseed meal is in high demand among European livestock farmers due to its relatively low cost and high protein content.

Previously reported that Vinnytsya Oil and Fat Plant planned to implement a project for the production of electricity by means of burning sunflower seed husk.

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