Last September, Diligent Capital Partners, a Private Equity fund, jointly with the development bank of the Kingdom of the Netherlands FMO, closed a landmark deal in the agricultural sector after years of inactivity in the market. Together they purchased 16% of Allseeds – one of the major producers and exporters of vegetable oils and meals in Ukraine.
According to charter brokers, the demand for tonnage clearly exceeds the amount of available fleet, which forces charterers to improve their offerings in order to avoid breaking contracts.
The Allseeds Vegetable Oil Terminal in Yuzhny port significantly increased it’s loading rate: within just 20 days, from May 15 to June 4, 123 280 tons of sunflower oil were loaded on five motor vessels.
As a socially responsible company, Allseeds is committed to protecting the health of workers and enhancing the environmental protection and safety. Therefore, the Allseeds Company has been continuously implementing the approved ESAP Environmental Protection and Social Action Plan.
The number “100,000” became lucky for the Allseeds Group in April 2019: it is 100,000 tons that the storage capacity of the Vegetable Oils Terminal now equals to, and it is 100,000 tons of oil that the Company loaded during this month.
Ukraine has significantly increased oilseeds products export: for 8 months 2018/19 m/y (September-April) the sunflower oil export amounted to 4147 thousand tons against 3707 thousand tons in 2017/18 m/y, an increase of 12%. This is evidenced by state customs data.
Sergii Prysiazhniuk has been appointed to the position of Operations Director of Allseeds Group, General Director of LLC "Allseeds Black Sea”. Mr. Prysiazhniuk has 25 years of experience in the vegoil industry of Ukraine, for a long time held the highest responsible positions at the PLC “Vinnytskyi oil and fat production plant”, the Industrial Group “VIOIL”, the OREXIM Group.
According to the results of vegoil export transshipment from the harvest of 2018, the Sea Commercial Port Yuzhny the first time reached the 3-rd place among the ports of Ukraine with a volume of 905 thousand tons or over 23%.
One of the largest producers and exporters of vegetable oils in Ukraine - Allseeds Group on March 13, 2019 formed a new Supervisory Board.It was headed by Dan Pasko - managing partner of Diligent Capital Partners investment company.
The infrastructure of the Oilseed Processing complex of Allseeds Group in the port of Yuzhny has again proved its logistical advantages. During the week in January 2019, the company loaded two vessels, the Arionas and the Maersk Trenton with 35,000 tons of sunflower oil each. The average loading speed was over 750 tons per hour.