Agrospecservice to build biofuel plant worth USD 15mln

Agrospecservice to build biofuel plant worth USD 15mln

The plant will be erected in Kapitanivka of Kirovograd region in Ukraine.

"We decided to build a biofuel plant working on wastes of production at our Kapitanivka sugar plant. It will save money we spend for utilization purposes. At this, we will produce electricity and sell it at green tariffs. As a result, we will have additional source of income from waste management of the very enterprise", said Sergei Tarasov, owner of Agrospecservice holding. 

The launching of the biofuel plant is scheduled for 2018. Additional 50 jobs places will be created. Agrospecservice specializes in grains and oilseeds, and sugar beets in Kirovograd region.

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