ST. PETERSBURG, RUSSIA — Cherkizovo Group, Russia’s largest meat producer, has unveiled plans to build a 130-tonne-per-hour feed mill and complete the second phase of a silo with a one-time grain storage capacity of 220,000 tonnes in the Lipetsk Region in Russia.
The company said it plans to invest RUB 3.5 billion ($44.4 million) in the feed mill and RUB 2 billion ($27.7 million) in the silo.
The feed mill and silo projects are part of a broader RUB 22.5 billion ($311.4 million) that Cherkizovo envisages spending on projects in the Lipetsk Region.