Creative Group, a major Ukrainian sunoil producer is interested in independent grain exports, said Maxim Berezkin, head of the Group’s supervisory board. As a reminder, apart from making fat-and-oil products, the company develops its agricultural business as well, cultivating roughly 40,000 ha of land. Creative wants to expand the land bank to 200 KMT in the coming few years. Own grain trading is a next step after the elimination of middlemen in sunoil marketing channels. The company made this step in order to increase sunoil export margin. Berezkin said Creative independently exports some 20-25 KMT of sunoil a month now. This is about 60-65% of the Group’s total sales. The development of the Group’s elevator facilities will contribute to developing its own grain trading. At the moment, the company’s elevator capacities total roughly 450 KMT. According to Creative Group board chairman Yuriy Davydov, the company wants to expand its elevator capacities to 1 MMT in the coming 2-3 years. For this purpose, Creative will need to build 5-6 new elevators.

Creative Group is one of Ukraine’s top fat-and-oil producers of Ukraine. It specializes in producing refined vegetable oils, modified fats, hard and soft margarines, mayonnaises and other products. In addition, the Group makes and sells biofuel pellets, raises animals, grows cereals and industrial crops. Creative Group produced about 404 KMT of sunoil and 368 KMT of sunmeal in MY 2012/13. This year it is planning to make some 500 KMT of sunoil. The company is on the top-three list of sunoil producers and exporters.

UkrAgroConsult