Drone attack damages largest Kernel oilseed processing plant in Ukraine's west

The oilseed processing plant of one of the largest Ukrainian agricultural holdings, Kernel, in Ukraine's west was damaged by a drone attack carried out by Russia.

Source: statement of the company on the Warsaw Stock Exchange website, which was published on 7 August, Interfax-Ukraine reports

Quote: "Operations at the facility have been suspended, and the fire resulting from the attack has been extinguished. Fortunately, there were no casualties as a result of the attack."

Details: The agricultural holding is currently assessing the amount of damage.

The Kernel management clarified that this is the company's largest plant in the west of the country.

For reference:

• The Starokonstiantyniv oil extraction plant in Khmelnytskyi Oblast was the first plant built by Kernel in Ukraine's west.
• It began operations in mid-April 2024 with the purchase of sunflower and planned to conduct an experiment in soybean and rapeseed processing. 
• The launch of this facility allowed the agricultural holding to increase sunflower processing by 10% compared to the same period last year in the third quarter of fiscal year 2024. 
• Prior to the war, Kernel was the world's leading producer of sunflower oil (about 7% of global production) and its major exporter (about 12%). It is one of the largest producers and sellers of bottled oil in Ukraine. In addition, it is engaged in the cultivation and sale of agricultural products.

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