Russia-Chinese project on grain processing is expected to be launched in Tatarstan with investments of 15 billion RUR. An industrial park “Saosyan-Volga” is going to be constructed at the area of 100 ha with annual processing capacity of 300 KMT. 200 types of food products (including unique ones: grain protein as a substitute to soybean…
DetailsGrain market participants are strongly interested in developing grain handling facilities in large ports and building their own logistic chains. From this viewpoint, Ukrainian grain handling segment is considered to be the most investment attractive and promising for investing. Three new grain-handling terminals were put into operation in Ukrainian seaports last season, which resulted in…
DetailsProactive discussion of benefits for the mineral extraction tax (MET) on offshore fields is expected to start this fall, Russian Minister of Natural Resources Sergei Donskoi said. “We have not yet discussed it in detail. However, I think more active discussion will start in fall”, Donskoi said. Meanwhile, the ministry will support any project stimulating…
DetailsThe National Bank of Ukraine (NBU) has permitted international institutions to provide humanitarian aid to individuals using electronic money, the central bank has said in its website. Amendments to the provision on e-money in Ukraine are outlined in NBU resolution No. 358 dated July 26, that took effect on July 30. The document improves the…
DetailsLast week weather was hot and rains were minor falling locally in the Eastern and Northern regions. Average daily air temperature ranged from +18.3C to 25.2C and was 2.9-5.7C higher than norm. Light rains varied from 5 to 16.6 mm, with the norm of 21-23 mm for this period. Such conditions were unfavorable for the…
DetailsJapanese JGC Corporation is exploring the possibility of building a mini LNG plant on Sakhalin, press service of the Sakhalin region government said. “The topic of constructing a mini LNG plant on the south of Sakhalin Island has been raised in May during a visit to Japan by the representative Russian delegation headed by Deputy…
DetailsThe Indian government has cancelled the much awaited multi-role tanker transport (MRTT) aircraft deal worth $1 billion on the grounds of planes’ high operational cost. “We have recently cancelled the MRTT deal with Airbus Defence and Space because platforms are too expensive and not economically viable to operate”, a MoD official who declined to be…
DetailsOn July 25-31, export volumes of grains from the Russian sea ports reached 583.8 thousand tons against 308.1 thousand tons shipped in the previous week. In particular, the wheat shipments totaled 527.2 thousand tons, barley – 33.3 thousand tons, and peas – 23.3 thousand tons. (APK-Inform/Business World Magazine)
DetailsFive companies, including NJSC Naftogaz of Ukraine, carried out gas imports to Ukraine in July, according to PJSC Ukrtransgaz, the Ukrainian operator of the gas transportation system. “Five companies were engaged in importing natural gas for domestic consumers in July”, Maksym Biliavsky, the head of Ukrtransgaz’s press service wrote on Facebook. NJSC Naftogaz of Ukraine…
DetailsThe KrAZ-5401‘2 4×2 dump tuck created in late February has undergone a complete cycle of manufacturer’s tests. Laboratory and on-the-road tests have been carried out in compliance with program using high precision test equipment. Ride tests took place on certified road sections of Ukraine. Results of preliminary (manufacturer’s) tests confirmed compliance of vehicle with requirements.…
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