Kernel plans to resume operations at its oil extraction plants once security conditions improve

Russia is pursuing a targeted campaign against Ukraine’s food and processing industries, seeking to destroy infrastructure and weaken the country’s export potential. Kernel told Latifundist.com in a comment on the shutdown of its oil extraction plants.

On Nov. 12, Kernel announced that it had suspended operations at all its oil extraction plants due to massive Russian attacks. The company also halted seed purchases.

The company noted that oil extraction plants are continuous-process facilities with high operational risks. Therefore, a controlled shutdown during massive attacks is a responsible decision that helps protect employees and assets.

“As for the future, the industry will not be broken, but the market is shifting to a mode of strict operational flexibility. Companies are currently fulfilling contracts using accumulated stocks while adapting protection measures and operating schedules to the new security realities. The plants will restart as soon as security conditions allow,” Kernel said.

The company added that, in the medium term, it is important for Ukraine to preserve domestic processing capacity. This will help retain jobs, tax revenues and foreign currency earnings from exports of value-added products — oil and meal — rather than unprocessed oilseeds.

Tags: Кернел, edible oils