In the Blagoveshchensk soybean plant of the company “Amuragrotsentr” had invested 2.4 billion rubles and now the first batches of far Eastern soy isolate have been delivered to the Russian market. Amuragrocenter has delivered the first trial batches of soy isolate from a plant in the Amur region to the Central regions of Russia, according to the website of the Far East and Arctic development Fund. The project was implemented on the territory of Belogorsk’s advanced development. The total volume of investments amounted to 2.4 billion rubles, of which 1.76 billion rubles — preferential financing of the Fund. The implementation of the project allowed Amuragrocenter to become one of the largest enterprises that process grains and legumes in the far East, the report says.
The first stage of the enterprise — a shop for the production of soybean meal with a capacity of 240 thousand tons per year was put into operation in the fall of 2017 with the participation of President Vladimir Putin. “The products are very necessary for the country, they are in demand. The market is huge. I am sure that success is assured, ” the head of state said at the time. Over the next two years, the second stage of the plant was built — the first and so far the only workshop in the country for the production of soy isolate and dietary fiber with a design capacity of 10 thousand tons per year. Both workshops of the enterprise will process 240 thousand tons of soy per year. The volume of production at the first stage is 10 thousand tons of isolate and 5.5 thousand tons of dietary fiber. Further expansion of the company is also planned.
The company has installed modern equipment that has no analogs in Russia, and at the output of soy, a dry substance with a protein content of at least 90% is obtained, the Fund said. The company’s products are used as additives in the meat, confectionery and dairy industries as a substitute for animal proteins. High-quality standards, confirmed by a food safety certificate, allow you to export the first batch of far eastern soy isolate to Europe and the countries of the Asia-Pacific region and first batches of far Eastern soy isolate have been delivered to the Russian market.
Alexander Sarapkin, CEO of Amuragrocenter, says that the possibility of attracting long-term concessional financing from the Far East and Arctic development Fund has become a decisive factor for the start of the project. “At the same time, the Fund acted not only as a key financial partner but also as an integrator, ensuring effective interaction with authorities and other development institutions. Due to the consulting support at the stage of structuring the project, the mechanisms of its legal protection and mutual settlements with the equipment supplier were worked out, ” he said (quoted on the Fund’s website).
Daniel Khotko, a leading expert at the Institute of agricultural market conditions (ICAR), told Agroinvestor that soy isolate is now mainly supplied to Russia from China. “Probably, the main goal of Amuragrocenter is to offer a product similar in quality, and perhaps even better, but more interesting in price. If they succeed, it will be an absolute success, ” hotko said. According to him, the main issue is the cost of the Russian isolate, which affects competitiveness. “There is quite a high demand for isolate, so the question is the price of import substitution,” he says.
Assessing the export potential of the new plant’s products, Khotko said that, on the one hand, there is a market in China-the closest to the Far East and the most capacious. On the other hand, China itself supplies the isolate to Russia. “I understand that they do not have a shortage of isolate if they export it themselves. Although there are situations of bilateral trade, when the same product is taken for import and export, ” says the hotel. So, according to him, Russian soy isolate may be of interest to the border regions of China. “Its advantage is its non-GMO origin. But everything, of course, depends on prices, ” he concluded.
Soy isolate is a product of the highest processing of raw materials, Vladimir Shaforostov, partner of neo Center, previously told Agroinvestor. According to him, the product’s prospects are related to its use in the food industry: bakery, confectionery, dairy, and meat. “High-quality and pure vegetable protein is a product in demand, but the prospect in the domestic market will be determined by the final price in comparison with imported analogs,” he draws attention.
On the eve of the First Deputy Minister of agriculture Dzhambulat Khatuov during a conference call noted the importance of developing soybean production as one of the most promising leguminous crops. It is of great importance for meeting the country’s domestic needs and has high export potential. Khatuov also said that in 2019, a record soybean crop was collected — 4.3 million tons, which is 13% more than in 2018. At the same time, the crop yield increased to 15 C/ha due to the use of modern agricultural technologies, updating the technical Park, and improving the quality of seed material.
Amuragrocenter is one of the largest enterprises that process grain and legume crops in the far East. It includes facilities for the production of hydrated soy oil, refined deodorized soy oil, soy food meal, soy feed toasted meal, extruded feed soy, full-feed and feed concentrates, protein-vitamin-mineral concentrates and premixes. Amuragrocenter in the Amur region also includes a network of elevators and its own retail network, according to the company’s website. First batches of far Eastern soy isolate have been delivered to Russian market