OREANDA-NEWS. The project to build a yeast factory in Slootsk will be launch in August 2013, a Slootsk Sugar Factory official told.

The project has passed expert examination. After a few formal procedures the construction process will mostly likely start in the first half of August. They had originally planned to launch the project in the spring of 2013.

The investment volume has risen to EUR33 million.

The new yeast factory is expected to start operating in 2014. The total capacity of the yeast factory is estimated at 20,000 tonnes, while the overall capacity of the domestic market does not exceed 11,000 tonnes of yeast products. The yeast factory is an import substitution project to help Belarus cut down on yeast import.

The Slootsk Yeast Factory is a joint project of OAO Slootsk Sugar Refinery and Interferm Company, which holds a 74.99% stake in the project.