MINSK, 9 June (BelTA) – The Belarusian National Biotechnology Corporation (BNBC) is a great project, Kursk Oblast Governor Roman Starovoyt told reporters after he met with Belarusian President Aleksandr Lukashenko, BelTA has learned.
According to the governor, during his trip to Belarus he visited BNBC which he called a unique enterprise. “I want to express my admiration for this project, because it is unique. There are no complexes like this in Europe for sure. Our colleagues and friends from the People's Republic of China hold this market by and large. For the first time they have transferred their technology to the brotherly nation. And we were delighted to see that this project was implemented within a short period of time. It is gratifying to note that wheat and soybean meal grown in Kursk Oblast will be used as raw material to produce amino acids and vitamins. As many as 150,000 tonnes of high-quality grain is kept in the warehouses of the biotechnology corporation; the production of amino acids and vitamins will be launched soon and we will purchase them to make feed for cattle, poultry and fish,” he said.
The investment project “Belarusian National Biotechnology Corporation” involves deep grain processing using modern biotechnology to produce essential amino acids and high-tech formula feed. The highly productive balanced feed and premixes are to be sold domestically and abroad. China's CITIC Group Corporation is the general contractor of the project.
The facility is to process 700,000 tonnes of grain per year. Revenues from the sale of finished products are expected at $650 million per year, and the potential net profit is estimated at $300-350 million per year.
On 1 July this year, the production of animal feed and premixes will operate at its full capacity. The company will also increase the production of amino acids up to its maximum capacity.
The so-called prospective development project BNBC-3 will be launched by the summer of 2024. It envisages the production of vitamins, amino acids, starch and glucose products. This will be the brand-new production of vitamins (B2, B12, C) and new kinds of amino acids (valine, leucine, isoleucine) in Belarus and the CIS.
“Only a few countries have such production facilities - four countries, and Belarus is one of them. It means more than flying into space for Belarus. We have been involved in space exploration since Soviet times, and this is a brand new manufacturing sector operating on domestic raw materials. Today BNBC is ready to buy 700,000 tonnes of grain at international prices,” Aleksandr Lukashenko said as he inspected BNBC in August 2020.