Oil refining factory finished renovation
18-09-2012
The Board of Directors of Agroliga Group PLC (“Group") informs that September 17, 2012 the oil refining factory of Agroliga group was launched after the end of summer renovation.
As part of the renovation at the factory were added oil extractors and heating equipment, the network of oil lines expanded, as well as increased storage capacity of raw materials.
Also purchased and installed modern high-filters to clean up the oil production to the highest grade of quality indicators. The new filters allow non-waste production of oil due to return to the process of oil extraction those factions that previously went to waste.
In addition, was installed equipment to store cake and rapid loading it into trucks.
In the coming months new equipment will be tested and adjusted.
Re-equipment of the refining factory is financed from revenues from the issuance of shares under the private placement which took place in February 2011. Increase the capacity of processing is an essential part of strategic development of the Group.
“Legal basis: § 3.1 of the Exhibit 3 to the Alternative Trading System Rules “Current and Periodical Information in the Alternative Trading System on the NewConnect Market"
As part of the renovation at the factory were added oil extractors and heating equipment, the network of oil lines expanded, as well as increased storage capacity of raw materials.
Also purchased and installed modern high-filters to clean up the oil production to the highest grade of quality indicators. The new filters allow non-waste production of oil due to return to the process of oil extraction those factions that previously went to waste.
In addition, was installed equipment to store cake and rapid loading it into trucks.
In the coming months new equipment will be tested and adjusted.
Re-equipment of the refining factory is financed from revenues from the issuance of shares under the private placement which took place in February 2011. Increase the capacity of processing is an essential part of strategic development of the Group.
“Legal basis: § 3.1 of the Exhibit 3 to the Alternative Trading System Rules “Current and Periodical Information in the Alternative Trading System on the NewConnect Market"
