corn oil will be sold on the local market
in February 2018. In the frames of LLC "Kolkha and Partnership Fund joint
project, the product will be sold under the name of
"Karva" on the market.
"Karva" planned to release the Georgian product to the market in the autumn of 2016, then in the winter of 2017, but due to technical problems, the release of new products was delayed.
The company Director Giorgi Bukia tells Commersant that the construction of the factory has already been completed, the equipment installation is currently underway.
According to Bukia, the company plans to produce corn oil from local and imported raw material.
notes that at the initial stage the company will supply the local market with
corn oil, in future the product will be exported to the European market. In case of full
capacity, the company plans to produce 2 tons of oil per day. The oil will be
sold in half and one liter packaging (glass or plastic bottles) on the market.
The cost of the project is about $ 1.5-2 million.
The factory is located in Samegrelo, in Khobi. At this stage the price of corn oil is unknown.