Page 134 - RusRPTOct21

The facility includes a compound feed production plant and an elevator. Overall, it is one of the core assets of the vertically-integrated pork production cluster at Rusagro-Primorye.
Feed production capacity is 450,000 tonnes per annum, and the storage capacity of the elevator is 320,000 tonnes of grain. These facilities add 40% and 35%, respectively, to Rusagro's compound feed production capacity and grain storage capacity as of 2020, VTB Capital (VTBC) said in a note.
“The respective feed production complex is part of the larger Russian Far East project, which Rusagro haseen implementing since 2016. It has an eventual capacity of 75,000 tonnes of pork in live weight, which is to bring 12% more capacity by 2023. The primary focus is on meeting internal pork consumption within Russia, which is toe covered by the first stage of the project,” VTBC said.
The far east pork production programme also has half an eye on China, where the market remains limited,but the demand in China’s north west regions is high. Rusagro is currently in talks witheijing about opening access to the China market for Russian pork.
US Department of Agriculture (USDA) estimates that China will import 5mnt of pork in 2021, implying 45% of the global pork trade and 15% of meat overall. “Were there to be greater export volumes to Asian countries that could become an important growth driver for the meat sector in Russia, as well as Rusagro’s project in the Russian Far East,” VTBC said.
The Federal Service for Veterinary and Phytosanitary Oversight has detected an outbreak of the African swine fever (ASF) at Russian agricultural holding Miratorg’selgorod Region facility, the service said in a statement on Monday. “As a result of laboratory research, genetic material of the ASF virus was isolated (at Miratorg’srodok-2 facility),” the authority said. In accordance with the ruling of the region’s governor, a 5-kilometer quarantine zone haseen established on the territory of therodok-2 site.
9.2.7 TMT corporate news
• Yandex
Yandex renamed Acropolis to Yandex.Bank. The company closed the deal to buy the bank for RUB1.1 billion in July as the internet company looked for a fintech solution to support its e-commerce activities. "The rights and obligations of the bank in relation to you will remain the same, all contracts and terms of service will continue to operate," the statement on the website says.
134 RUSSIA Country Report October 2021 www.intellinews.com