Ukraine: $ 200 Million Investment Bayer Opens One of the Largest Seed Processing Facilities in Europe
Bayer opened a state-of-the-art seed processing facility in Pochuiky, Ukraine. The new facility is the largest of its kind in Ukraine, and one of the largest in Europe.
Monheim/Germany; Pochuiky/Ukraine — Investment in the new plant amounts to $ 200 million, and is part of a long-term investment into expanding Dekalb corn seed processing in Ukraine.
The facility will feature two dryers and a logistics center, and will begin operation to support customer demand for high-quality corn seed in Ukraine in time for the 2019 planting season. It will process around 750,000 units of seed annually to supply 2,500 Ukrainian farmers with Dekalb corn seed developed using traditional breeding techniques, with further expansion planned to support international markets.
According to Dr. Dirk Backhaus, the member of the Executive Leadership Team of the Crop Science Division responsible for Product Supply, said that Bayer has always been a key player in developing the country’s agricultural sector. The company is also planning to export its corn seed to EU states, he added.
The new seed processing facility will employ around 85 permanent and 220 seasonal employees to support the processing, storage and timely distribution of corn seed.
The facility is situated in one of Ukraine’s most productive agricultural regions, where many Ukrainian farmers plant their crops.