Beginning of delivery of rapeseed oil from Belarus

According to a message from the Belarusian producer – the first two railroad tank cars of our contract for the delivery of 600 tons of rapeseed oil were inspected and quality-controlled by Hamilton on May 19, 2023, and then its first batch was sent for transport and reception at the Małaszewicze Górne Terminal location. The total value of the contract is approx. 2,100,000 (two million one hundred thousand) zlotys.

We will publish the final amount in the relevant Stock Exchange Report along with information on the total completion of the order. We will inform about the various intermediate stages of delivery performance through the corporate website or through other communication channels, such as through our corporate twitter profile.

At the same time, we would like to inform you that proper execution of the contract will open up the possibility for us to sign a long-term supply agreement for the contractor mentioned in ESPI Current Report No. 19/2023 dated. May 5, 2023. This contract alone will guarantee MBF Group SA a steady revenue of no less than PLN 8-10 million per year and will strengthen its position in the market of suppliers and distributors of technical rapeseed oil, i.e. where the phosphorus level is 120 ppm or more.