Business news from Ukraine

Business news from Ukraine

DTEK NAFTOGAZ STARTS DRILLING NEW WELL ON SEMYRENKIVSKE FIELD

KYIV. Sept 27 (Interfax-Ukraine) – DTEK Naftogaz on Monday started drilling well No. 25 in the Semyrenkivske gas condensate field seeking to reach the depth of 5,714 meters, the press service of the company has reported.
The press service said that Belorusneft is involved in drilling. The company won a tender to drill four wells in this field. Italy’s Drillmec 1500HP drilling rig made in 2014 and other equipment will be used for drilling.
DTEK Naftogaz attracted one of the leaders of the international service market – Schlumberger – to drill a tilting section of the well.
“Less than two months have passed since the conclusion of the contract until full mobilization with the installation of the rig. We are ready to start drilling operations using modern equipment and technologies. We are confident that our cooperation with Belarusian partners will be a successful example for the entire industry and will provide the new contribution to the energy independence of the country,” DTEK Naftogaz CEO Ihor Schurov said.

DUPONT PIONEER LAUNCHES SUNFLOWER SEED PRODUCTION LINE IN POLTAVA REGION

KYIV. Sept 27 (Interfax-Ukraine) – DuPont Pioneer, one of the largest seeds producers in the world, has launched a sunflower seed production line in the village of Stasy (Poltava region).
The company said in a press release that investment in the launch of the line totaled $5 million. Total investment in the seed complex is over $55 million.
“I am proud that DuPont Pioneer continues investing in the facility, despite challenges Ukraine faces now. This would help us to boost sunflower production and complete the ambitious task to expand our presence on the Ukrainian market,” Head of the Agricultural Unit of DowDuPont in Central and Eastern Europe Ihor Teslenko said.
As reported, the line’s capacity is 200,000 sunflower seeds. After its launch, the plant’s total capacity will be more than 700,000 seeds (corn and sunflower together).
DuPont Pioneer sells its seeds in more than 90 countries.
The company opened its representative office in Kyiv in 1998 and began work on testing new hybrids of corn and sunflower. In 2001, Pioneer Nasinnia Ukraine LLC was registered, and on August 27, 2010 the company officially announced the opening of its research and development center in Kyiv region.

ZORYA-MASHPROEKT UPGRADES EQUIPMENT AT COMPRESSOR STATION IN POLTAVA REGION UNDER UKRAINIAN GTS UPGRADE PROGRAM

KYIV. Sept 27 (Interfax-Ukraine) – Zorya-Mashproekt state-owned enterprise (Mykolaiv) participating in the Ukrainian gas transport system (GTS) modernization program has supplied new energy equipment for the Hrebinkivska compressor station in Poltava region.
The press service of the enterprise reported that three DG90L2.1 gas turbine engines 16 MW each were shipped to public joint-stock company Ukrtransgaz.
“As part of the modernization of the Hrebinkivska station, second generation engines DZh59 will be replaced by modern ones having a higher efficiency, which will significantly reduce fuel consumption. DG90 is a line of commercially produced engines. Since the moment of their designing, 340 units of this equipment have been shipped to various customers and successfully operated,” the press service said.
The enterprise said that the engines supplied to the Hrebinkivska compressor station are the first engines that, at the request of the customer, have been modernized to meet the EU environmental requirements, in particular, the nitrogen oxide emission requirements. The upgraded engines successfully passed the tests and confirmed all the claimed characteristics,” the enterprise said.
“For the reconstruction of the Hrebinkivska compressor station Zorya-Mashproekt will also supply modern digital automatic control systems and fuel systems. The engines will be replaced by Zorya-Mashproekt experts,” the enterprise said.

ARCELORMITTAL KRYVYI RIH SPENDS UAH 141 MLN ON PURCHASE OF FIVE BELAZ TRUCKS TO INCREASE ORE EXTRACTION

KYIV. Sept 26 (Interfax-Ukraine) – PJSC ArcelorMittal Kryvyi Rih (Dnipropetrovsk region) has spent UAH 141.3 million on the purchase of five new BelAZ trucks with a carrying capacity of 130 tonnes.
According to a company press release, in addition to the delivery of the trucks, the contract includes the supply of spare parts for them and maintenance.
Automotive equipment for the mining department was purchased as part of the enterprise’s modernization program. New heavy-duty trucks will ensure delivery of ore from the second and third quarries.
According to ArcelorMittal Kryvyi Rih CEO Paramjit Kahlon, the company has ambitious plans to reach the extraction of 28-29 million tonnes of overburden, 10 million tonnes of iron ore concentrate per year.
According to him, the plant plans in 2017 to additionally purchase heavy-duty dump trucks for both ArcelorMittal Kryvy Rih and the combine in Kazakhstan.
“Modern equipment and introduction of advanced technologies increase the competitiveness of ArcelorMittal Kryvy Rih, strengthen leadership positions in the mining and metallurgical industry of Ukraine,” the company director stressed.