Astarta Announces Production Results for the Year 2016
January 18, 2017
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Astarta announced production results for the year 2016. For the year, the company harvested over 2.6 million tonnes of sugar beet and 910 thousand tonnes of grains and oilseeds. Sugar production increased to 505 tonnes. Sugar production increased to 505 thousand tonnes. Globyno soybean processing plant produced 158,000 tonnes of highprotein soybean meal, 38.8 thousand tonnes of soybean oil and 11.7 thousand tonnes of husk. Bioenergy complex generated over 15 million cubic meters of biogas.
Astarta Holding PLC is a Cyprus-based agriculture company, that specializes in sugar production, grain and oilseeds growing, soybean processing and cattle farming. The farmlands, sugar plants and cattle operations are mainly located in Ukraine. The Company's activities are divided into four main segments: Sugar Production, Agriculture, Soybean Processing, and Cattle Farming. Its Sugar Production segment is engaged in the production and wholesale of white and raw sugar and its by-products. The Agriculture segment is responsible for the cultivation and sale of crops, such as corn, wheat, sunseeds, rapeseeds, and others. The Soybean Processing segment is engaged in soybean and soybean meal and oil production and sale. The Cattle Farming Segment is engaged in dairy cattle raising and milk production and sale. Other Group operations mainly comprise the production and sales of fodder and gas.