Ministry of environment shuts down Kernel for violations
2011-04-07 17:48:37
Ministry of Enviorment inspectors in Mykolaiv closed down Kernel’s sunflower crushing plant in Mykolaiv for failing to meet environmental standards. Kernel acquired the Mykolaiv refinery, EKOTRANS, as part of its purchase last year of ALLSEEDS. There were no comments in the press or from the Mnistry regarding the nature of violations or possible future consequences. In out opinion this will not have significant impact on Kernel revenue even if the case gets dragged out for any length of time.