Russian feed lysine project costs explode

The costs of the construction of the feed lysine plant in the Ishimsky area of the Tumen Oblast in Russia have increased by 35%, to US$ 100 million. International trade sanctions against Russia and devaluation of the Russian ruble are responsible for the exploding costs. This is reported by the management of agricultural holding Jubileini, responsible for the project. The plant in Tumen Oblast should be in full operation in 2016. Deep processing of 120,000 tonnes of wheat per year will allow th