Rapeseed Oil Production Plant
| Location: | Taiyinsha district, Ilyichevka village, North Kazakhstan |
| Sector: | Agriculture and Food Processing |
| Total cost: | $ 22 mln |
| Chinese partner: | Xian AiJu Grain and Oil Industry Group Co. Ltd. |
| Kazakhstani partner: | “Tayinsha Mai” LLP |
| Construction start: | 2014 |
| Putting into commission: | 2016 |
Partners summary
Xi’An Aiju Grain and Oil Co. Ltd was established in 1936 in Xi'an, Shaanxi Province. It is one of the biggest production bases in Northwest China producing flour (annually over 200 thousand tons), rice (100 thousand tons), oil (250 thousand tons) and coarse cereals (10 thousand tons); in addition, the production lines of bean sprouts (daily - 200 tons), soy products (200 tons), noodles (15.5 thousand bags), pies, dumplings wonton, confectionery.
Tayinsha Mai LLP is one of the largest enterprises of the North Kazakhstan’s agricultural cluster. The plant is equipped with modern equipment of European production and is capable of processing up to 1000 tons of raw materials per day. The company employs around 60 people.
Description of the project
“Taiyinsha Mai” oilseed processing plant was put into commission in 2016. The volume of investments in the Kazakh-Chinese project, which has no analogues in the Republic, amounted to about $22 mln. And now that the production has been established, and the problems with the export of both vegetable oil and the highly efficient product of its processing have been resolved, they are ready to process more than 300 thousand tons per year and about a thousand tons per day.[1] The plant is equipped with modern European high-tech technologies which allows it to produce high-quality products. 100% of the plant’s products will be exported to China. The initial investment was $22 mln, but it will reach $100 mln in the near future.[2] The project contributes to the creation of new jobs for the local population.
More links
http://www.akorda.kz/en/events/visit-to-tayinsha-mai-llp
http://www.globalaginvesting.com/china-plans-1-9b-investment-in-kazakh-agriculture-sector/