Agro-holding Kernel Halts All Plants Following Enemy Attacks

Kernel, a major player in Ukraine's agricultural processing sector, has announced the complete shutdown of all eight of its oil extraction plants. In addition to halting processing, the holding company has temporarily suspended the procurement of seeds amid ongoing massive attacks.

According to the company's press service, enemy drones have targeted processing facilities across the country over the past days, hitting the holding's assets as well. The impacts caused damage to production buildings, processing equipment, and storage tanks.

The company explained that oil extraction is a continuous technological cycle with heightened fire risks.

«A strike on operating equipment creates a direct threat of a large-scale fire and endangers the lives of employees — which is why the decision was made to completely stop all plants technologically», — the statement reads.

Despite halting processing operations, Kernel assured that it maintains full operational and financial stability. The company continues to ship existing product stocks from warehouses and fully meets its contractual obligations to Ukrainian farmers and partners. For context, the producer manufactures well-known bottled oil brands in Ukraine, including Shchedry Dar, Stozhar, and Chumak.