Ukraine’s Kernel May Spend $100 Million on Russia Sunflower Mill

Kernel Holding SA (KER), Ukraine’s Warsaw- listed sunflower-oil producer, plans to spend $100 million to build a crushing plant in Russia over the next two years, according to its fourth-quarter report.

The plant will have an annual capacity to process 600,000 metric tons of sunflower seeds into oil, the report shows.

To contact the reporter on this story: Ilya Khrennikov in Moscow at ikhrennikov@bloomberg.net

To contact the editor responsible for this story: John Viljoen at jviljoen@bloomberg.net

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