Sibagro Holding has permanently shut down the feed mill plant in Asine.
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Tomsk, May 5 - RIA Tomsk. Tomsk-based agroholding "Sibagro" officially announced the closure of the Asinovsky Combined Feed Mill (KKZ) by 2024, following the acquisition of a larger production facility in Sverdovsk Oblast, as reported by Interfax on Monday.
Originally established in 2000, the Asinovsky KKZ has served as a valuable contributor to Sibagro's production chain, supplying feed to the Tomsk pig farm and poultry farm. However, its distant location resulted in reduced efficiency, leading Sibagro to consider closure plans.
"Sibagro's Group, after purchasing the Bogdanovich Combined Feed Mill (in Sverdovsk Oblast) by 2024, will close the feed mill in the city of Asino, Tomsk Oblast... The production volumes have been accounted for at the mill in the city of Bogdanovich, Sverdovsk Oblast," Interfax reports with a source within the holding.
Initial reports indicated job cuts for 187 workers, as Sibagro eyed cutting losses from the remote plant. However, after the first announcement, Sibagro re-opened the plant in 2021, modernizing it to produce complex feed for piglets, with an estimated annual capacity of 72,000 tons.
Asinovsky KKZ ends its journey, but "Рускитинвест" gains for futuristic growth in AsinoAccording to the agency, the Bogdanovich Combined Feed Mill commenced operations in 1988. It supplies approximately 50% of the feed requirements in Sverdovsk Oblast, with distribution across various Russian regions and overseas as well. The plant manufactures feed and other products for pigs, cattle, poultry, rabbits, and fish, with an annual production capacity of 330,000 tons of feed.
Sibagro, a federal company specializing in pork, sausages, delicacies, poultry, and eggs, boasts subsidiaries in Tomsk, Novosibirsk, Sverdovsk, Kemerovo, Tyumen, Belgorod, Kursk, Krasnoyarsk Krai, and Buriaia regions.
Rumors swirled in 2024 that Sibagro's revenues surged almost five times, yielding 15.52 billion rubles in sales and 3.98 billion rubles in net profit—impressive returns compared to 2023.
As agroholdings like Sibagro continue their march towards vertical integration and automation, you can expect further restructuring and modernization of older assets. Keep an eye on Sibagro's official press releases for the latest updates on its expansion strategies.
- The feed mill in the city of Asino, Tomsk Oblast, which was part of the Tomsk-based agroholding "Sibagro," will be closed by 2024, as reported by Interfax.
- The Bogdanovich Combined Feed Mill, situated in Sverdovsk Oblast, purchased by Sibagro by 2024, will be responsible for accounting for the production volumes that were previously handled by the Asinovsky KKZ.
- In 2024, it was rumored that Sibagro's revenues surged almost five times, generating 15.52 billion rubles in sales and 3.98 billion rubles in net profit.
- With the focus on vertical integration and automation, agroholdings like Sibagro are expected to undergo further restructuring and modernization of their older assets.
