KYIV. March 31 (Interfax-Ukraine) – Lozova Forging-Mechanical Plant (LKMZ, Karkiv region), part of the UPEC industrial group, has resumed supplies of spare parts to Kharkiv Tractor Plant, the press service of the UPEC Group reported on Wednesday.
“Under the agreement signed, LKMZ supplies spare parts to load the Kharkiv Tractor Plant’s conveyor in full. In March the plant produced and supplied over 90 tractor kits to the Kharkiv Tractor Plant. The Kharkiv plant ordered 20 more kits this month. According to the pessimistic scenario, shipments of tractor kits to the Kharkiv Tractor Plant in 2016 could reach 2,000 dual ratio drive axles and other elements of the gearing system,” the press service said, citing LKMZ Director General Vasyl Chernomaz.
LKMZ supplied tractor kits to the Kharkiv Tractor Plant before 2013. The Kharkiv plant then decided not to buy Ukrainian kits and selected Chinese kits.
In September 2014, the companies announced the resumption of cooperation.
The companies failed to resume substantial cooperation in 2014-2015.
KYIV. March 31 (Interfax-Ukraine) – The Vinnytsia Agrarian-Industrial Group seeks to build an oilseed crushing plant with a daily capacity of 1,000 tonnes of oilseeds.
“We plan to raise $20 million. The funds are needed to expand the land bank, attract additional machinery and build a crushing plant near our elevators,” Company Director Volodymyr Bartsos said in an interview with the Forbes Ukraine publication.
Bartsos added that if the holding manages to raise more funds, its land bank could be expanded by 15,000 ha every year.
The Vinnytsia Agrarian-Industrial Group is a large agricultural producer. It cultivates around 50,000 ha in Vinnytsia and Khmelnytsky regions. The group has four elevators with a total storing capacity of 250,000 tonnes.
KYIV. March 31 (Interfax-Ukraine) – Minister of Energy and Coal Industry of Ukraine Volodymyr Demchyshyn at the Nuclear Security Summit held in Washington from March 31 to April 2 will sign an agreement between the governments of Ukraine and Australia on cooperation in the field of nuclear energy use for peaceful purposes.
“In particular, the agreement concerns uranium supplies from Australia to Ukraine for the nuclear energy sector,” reads a report by the ministry.
According to him, the Ukrainian minister will also meet with U.S. Secretary of Energy Ernest Moniz.
The ministry said the Ukrainian delegation headed by President of Ukraine Petro Poroshenko will participate in the plenary session, entitled “National measures in the field of strengthening nuclear security.” The delegation will discuss measures to prevent nuclear incidents during other summit events.
Demchyshyn in October last year reported that Ukraine is in talks with Kazakhstan and Australia for purchase of uranium concentrate to diversify its supplies.
The annual needs of Ukrainian nuclear power plants for uranium concentrate are about 2,400 tonnes, while its internal production by state enterprise VostGOK in 2015 is planned in the amount of 1,200 tonnes.
KYIV. March 31 (Interfax-Ukraine) – CTP (the Netherlands), a large industrial developer in Central Europe, seeks to invest from EUR 75 million to EUR 80 million in a project on building an industrial park in Lviv, Head of Property Management Department at CTP Stefan de Goeij has said, speaking at the Business Forum Netherlands-Ukraine held in the Hague on Wednesday.
He said that the area of the industrial park in Lviv could be 94,000 square meters. The company is looking to local companies to the implementation of the project.
The industrial park will be located on a land parcel of 29 ha. Local authorities leased this land parcel to the company. The park will be a complex of industrial, warehouse and office premises for rental.
Goeij said that auto part manufacturers will be the key clients of the industrial park. They have expressed interest in the project, which would create at least 2,000 new jobs.
He said that the park will be the first project for the company in Ukraine.
KYIV. March 31 (Interfax-Ukraine) – Ukrainian business jointly with the Federation of Employers of Ukraine wants to ask the Cabinet of Ministers of Ukraine to start negotiations on amendments to the Ukraine-EU Deep and Comprehensive Free Trade Area (DCFTA).
Exporters believe that the Cabinet can and should be an official negotiator with the European Commission in Brussels in matters involving changes to conditions of Ukraine’s trade with the EU member countries. Ukrainian business is ready to hand over the address with conclusions and proposals to the new government.
“We have decided to initiate an address to the government and start these talks. We will demand that this become a public directive from the Cabinet,” Director General of the Federation of Employers Ruslan Illichev said in Kyiv on Wednesday.
The federation will insist on increasing the quotas for supplies of Ukrainian products to the EU market. The corn flour quotas could be increased by 12 times, the wheat quotas could be doubled, the nine-fold rise could be made for grape juice, the 15-fold rise for sugar. The tomato quotas could be tripled, flour quotas could be doubled. The poultry quotas could be increased by six times and the quotas for apple juice could be eliminated.
“We do not want to take the quotas from European producers. We want the EU during the revision of imports quotas redistributes them in favor of Ukraine: to reduce for some countries and increase for other countries,” Illichev said.
The federation has picked out four substantial issues for Ukrainian exporters: the revision of the imports quotas on Ukrainian goods outlined in the DCFTA; the reduction of imports duties on Ukrainian engineering products, particularly, automobile industry and electric equipment; the extension of the Generalised Scheme of Preferences (GSP) and the acceleration of the procedure for bilateral arranging the state veterinary and biosecurity control system.
KYIV. March 30 (Interfax-Ukraine) – British-based Ferrexpo Plc, which controls Poltava and Yerystove processing plants in Ukraine (Poltava GOK and YeGOK), in 2015 ranked third among the world’s largest producers and exporters of pellets for blast furnaces, reaching a volume of production and exports of 11.7 million tonnes.
According to a press release from the company, the top five world leaders in terms of production and exports of pellets for blast furnaces include such vendors as Vale (Brazil, Oman) with the production of 23.9 million tonnes of pellets in the same period, LKAB (Sweden) with 13.7 million tonnes, Ferrexpo with 11.7 million tonnes, Metalloinvest (the Russian Federation) with 7.4 million tonnes and Cliffs (the United States) with 7.1 million tonnes.
It is noted that Ferrexpo expects an increase in the demand for pellets for blast furnaces in the long term due to the increased demand on the part of metallurgical enterprises for high-quality products. This will provide for the reduction of emissions of harmful substances into the environment and improve the quality of finished products.
As reported in a company annual report, in 2015 pellet production increased by 6%, to 11.7 million tonnes (in 2014 the figure stood at 11.08 million tonnes).
