Cherkizovo Group launched an oil extraction plant for soybean processing in Elets, Lipetsk region - country's largest facility for processing high-protein oilseeds. Its planned capacity is 2,500 tons of soybeans per day or approximately 1 million tons per year. In addition, enterprise can process also and rapeseed. Plant will produce soybean meal, oil, casing and lecithin. Investments in project amounted ₽10 billion.