29.08.2023
“Astarta-Kyiv” Agri-industrial Holding
$
Investment amount, USD
Region
Poltava
Sector
Agriculture
Location
Poltava region, Globyno
Opportunity
Private investment
Status
Design stage - "P"
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Brief description of the project/ technology/other specifics
- ASTARTA put into operation one of the largest Ukrainian soybean processing plants in Globyno in early 2014
- Currently the plant produces high-protein toasted meal, soybean oil and granulated shell
- The new project is aimed at expanding the product mix towards higher value-added product by further processing of the soybean meal into Feed SPC (Soy Protein Concentrate).
- The technology is innovative for Ukraine. The soy protein concentrate is made by aqueous alcohol extraction from non-granulated soybean meal.
- SPC is a Soybean Protein Concentrate, i.e. a purified protein product with protein content of 60-70% for food and feed consumptions.
Advantages of the project
For Ukraine it is very important to reorient its economy from a raw material export model to the production of higher value-added products. Advanced soybean processing is one of the promising areas for the development of the domestic processing sector.
- High-quality non-GMO product made from the European traced soybeans
- The availability of such a high-quality product on the market can foster the development of related Ukrainian industries such as aquaculture and animal husbandry
- Financing and forward programs for farmers
- The project has multiple benefits from a sustainability perspective:
- Better for European fish farming as SPC feed replaces fishmeal made of wild fish, not only as a more efficient feed in terms of calorific value but also preserving marine biodiversity
- Molasses, as a by-product of SPC production, can feed ASTARTA’s existing biogas facilities to generate “clean energy” and reduce CO² emissions
- New job opportunities and support for community social development
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