One of the biggest Russian breweries, ZAO Ochakovo, based in Moscow, has announced recently about the completion of building its own malting plant in Lipetsk region, which will entirely cover the brewery needs in malt, Russian media reported. The new malting plant, which was built in two years, will be launched on September 24. The production capacity is to be 100 thousand tonnes per year that constitutes 10% of Russian malt market. The new malting plant will consume about 140 thousand tonnes of malting barley per annum. According to Ochakovo analysts, the malting plant in Lipetsk will have a payback time of 5 years. Ochakovo brewery invested about US$50 million in the plant.

19 September, 2003