Trans-Oil Group Announces TOI Commodities SA Wins GASC Tender for Sunflower Seed Oil Procurement
Trans-Oil Group Announces TOI Commodities SA Wins GASC Tender for Sunflower Seed Oil Procurement
12.09.2024
Trans-Oil Group, a leading agribusiness operator in the Black Sea region, is pleased to announce that TOI Commodities SA, a subsidiary of Trans-Oil Group, has successfully won a significant share of a sunflower seed oil procurement tender arranged by Egypt's General Authority for Supply Commodities (GASC). The total volume won by TOI Commodities SA amounts to 15,700 metric tons (MT) of sunflower seed oil.
The anticipated timeline for deliveries, once finalized, is expected between November 20 and December 5, 2024. This win reinforces Trans-Oil's commitment to securing high-quality raw materials for its oilseed processing plants, which are essential for the production of sunflower oil and meal.
“We are proud of TOI Commodities SA's success in this competitive tender, which underscores our ability to secure critical supply chain components to meet market demands,” said Vaja Jhashi, CEO of Trans-Oil Group. “This achievement aligns with our strategy to maintain leadership in the sunflower oil industry and furthers our dedication to sustainable operations.”
The sunflower seed oil, once delivered and processed at the company’s facilities, will contribute to the production of both refined and crude sunflower oil for domestic and international markets. As a vertically integrated agribusiness, Trans-Oil ensures the highest standards in every step of the production process, from sourcing to delivery.