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"The construction of a flaxseed oil production plant in the Rostov region is nearing completion, becoming a unique investment project."
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"The construction of a flaxseed oil production plant in the Rostov region is nearing completion, becoming a unique investment project."

In the Rostov region, a plant for the production of linseed oil is being built with investments of 2.84 billion rubles.

Production will begin in August, promising to create new jobs and offer a high-quality product.

21 April 2025 21 April 2025

In Azov district, the implementation of a unique project by the "ASVA" company related to the construction of a flaxseed oil plant is currently being finalized. This investment project is one of the "100 Governor's Investment Projects" and is closely monitored by the First Deputy Governor Alexey Gospodarev.

In recent years, investments in the Rostov region have shown a positive trend, despite sanctions and changes in monetary policy. The volume of investments in the region exceeded 717 billion rubles in 2024, and the number of investments has been increasing for the sixth consecutive year. Today, in the Rostov region, more than 580 investment projects are being implemented with a total amount of over 892 billion rubles. One of such projects is a plant for the production of flaxseed oil, which will become a leading and the largest enterprise for specialized processing of flaxseed not only in Russia but also in the world.

It is worth noting that in May 2023, the company "ASVA" started the construction of a flax processing plant in Azov district. The investment in the establishment of the plant is 2.84 billion rubles. The annual processing capacity will be 148.5 thousand tons, including 53.5 thousand tons of flaxseed oil and 90 thousand tons of flaxseed meal daily.

Alexey Gospodarev noted that in Russia, agricultural producers show increased interest in niche crops, particularly in oil flax. He emphasized that in recent years, this crop has proven to be favorable for crop rotation and has high profitability. The products of the plant, such as flaxseed oil, which is one of the leaders in omega-3 fatty acids, will be in demand. The opening of the plant will also contribute to the development of other industries, such as aquaculture and the production of technical oils for woodworking. The new enterprise will make its contribution to the economy, create new jobs, and offer a high-value product.

Currently, construction and installation works are being completed on a 7.5-hectare site. The plant will have a complete production cycle and will accommodate up to 27 thousand tons of flax and 7 thousand tons of flaxseed oil. Additionally, there will be a meal storage facility for 7.5 thousand tons on-site. The company plans to start comprehensive testing of the oil extraction line at the end of April and put the plant into operation in August.

Vitaly Litovka, the CEO of ASVA LLC, emphasized the significance of the enterprise for the farmers of the south, central Russia, and the Volga region, as well as for the development of the paint and varnish industry, animal husbandry, and aquaculture. He noted that the enterprise will also be oriented towards exports, thanks to the quick shipment of products onto barges. It is expected that the meal warehouse will allow loading a barge with a deadweight of 6 thousand tons within two days.

The investment project of the ASVA company was included in the regional project "Export of Agricultural Products" of the national project "International Cooperation and Export." This indicates the recognition of the importance and potential of this enterprise.

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