Zakhidnyi Buh PE will build a processing complex for processing soft and durum wheat into flour with a capacity of more than 75 thousand tons per year, Volodymyr Boichuk, the company’s project manager for the Mill and Pasta Factory, said on Facebook.
“This will be the first project of this scale in Ukraine to process durum wheat, which we will launch in 2025. The design capacity of the mills will be more than 75 thousand tons per year. This will make it possible to produce high-quality bakery flour and cereals for pasta production,” he said, adding that preparatory work has already been completed.
At full capacity, the pasta factory is expected to produce about 50,000 tons of various products per year, including traditional pasta of various shapes and instant pasta. The assortment will include more than 50 products.
Zakhidnyi Buh PE was founded in 2003. It cultivates about 65 thousand hectares in Chernivtsi, Ternopil, Volyn and Lviv regions. The company specializes in growing grain and industrial crops, producing and selling seeds, and provides services of elevators and an agrochemical laboratory.
It consists of 10 agricultural divisions, three elevators with a simultaneous storage capacity of 88 thousand tons, a seed plant with a capacity of 200 tons per day, an agrochemical laboratory that provides soil and water analysis services, etc.
The beneficiaries of the agricultural holding are Oksana Drul, Valeriy Ovcharuk and Yuriy Gladun.
According to the Opendatabot index, in 2024, Zakhidnyi Buh PE entered the Top 10 most profitable agricultural companies in Ukraine. It accounted for 5.9% of the top ten’s revenue. It is specified that in 2023, the agricultural holding’s revenue amounted to UAH 86.57 billion.
In January-August this year, Ukrainian enterprises reduced their consumption of rolled metal products by 1.46% year-on-year to 2 million 298.1 thousand tons.
According to a press release issued by Ukrmetallurgprom on Monday, 833.1 thousand tons, or 36.25% of the domestic rolled metal consumption market, were imported during this period.
According to Ukrmetallurgprom, in January-August 2024, steel companies produced 4.318 million tons of rolled metal products (126.6% compared to the same period in 2023). According to the State Customs Service of Ukraine, about 2.853 million tons, or 66.1%, were exported. In January-August 2023, the share of exports amounted to 52.5% (1.790 million tons against a total rolled steel production of 3.410 million tons).
The share of semi-finished products in export deliveries in January-August 2024 amounted to 46.83%, which is almost the same as in January-August 2023 (45.47%).
The share of flat products in export deliveries for the first eight months of this year is significantly higher than in January-August 2023 (39.19% and 34.97%, respectively). The share of long products is significantly lower than in January-August 2023 (13.99% vs. 19.55%).
“In the first eight months of 2024, the domestic market capacity amounted to 2 million 298.1 thousand tons of rolled steel, of which 833.1 thousand tons, or 36.25%, were imported. In January-August 2023, the domestic market capacity amounted to 2 million 328.1 thousand tons, of which 708.1 thousand tons, or 30.42%, were imported. Thus, in the first eight months of this year, there was a decrease in the domestic market capacity by 1.46% compared to the first eight months of last year, with a simultaneous increase in the share of the import component by 5.84%,” the press release states.
The structure of imports for the period under review is still characterized by a significant dominance of flat products over long products (79.74% and 18.80%, respectively). In January-August 2023, the dominance of flat products over long products was also significant (80.30% and 18.71%, respectively).
According to the State Customs Service, the main export markets for Ukrainian rolled steel products in January-August were the European Union (72.0%), Africa (9.7%) and the rest of Europe (7.2%).
Among metallurgical importers, the first place is occupied by other European countries (49.2%), the second – by the EU-27 (28.5%), and the third – by Asian countries (20.6%).
As reported, Ukraine’s rolled steel market increased 2.19 times in 2023 compared to 2022, to 3 million 505.6 thousand tons. The company imported 1 million 118.6 thousand tons, or 31.91% of the domestic rolled steel consumption market.
The state budget for 2025 envisages more than 5 billion UAH for the agricultural sector, Minister of Agrarian Policy and Food Vitaliy Koval said in Telegram. According to the report, 4.726 billion will be allocated for payments per hectare and for the maintenance of cows, sheep and goats.
In addition, UAH 200 million are planned for the restoration and construction of land reclamation systems, UAH 5 million for compensation of ERUs to family farms and UAH 80 million for the provision of favorable interest-free loans to farms.
The state budget envisages 1.37 billion UAH for grants, including for orchards and greenhouses, and 1 billion UAH for demining of agricultural land, the minister explained.
PJSC Ukrnafta invites potential and regular contractors to a series of workshops aimed at improving the transparency and efficiency of procurement processes, including the lease of special equipment for production needs in 2025. These events are part of the company’s strategy to develop long-term and reliable partnerships.
Topics of the first meeting:
Types of services to be procured:
The workshops provide a unique opportunity to get better acquainted with the requirements of PJSC Ukrnafta, learn about the specifics of work and establish cooperation with the largest oil company in Ukraine.
Don’t miss the opportunity to become our partner! Register now to learn more and get answers to all your questions during the workshop.
Date of the meeting: September 18, 2024
Time: 11:00
Venue: Headquarters of PJSC Ukrnafta, 3-5 Nestorivskyi lane, Kyiv, Ukraine
Participation format: Personal presence or online connection via Microsoft Teams.
Registration for participation:
Participants should register via the Google form or send an application to the following email address:
ruslan.puzii@ukrnafta.com with a copy to daria.obodets@ukrnafta.com
The letter should include:
Contact information for your reference:
Demian Pashkovsky
Head of the dispatching sector
Phone: +380 50 739 65 29
About PJSC Ukrnafta:
PJSC Ukrnafta is the largest oil company in Ukraine engaged in the production and sale of petroleum products. The company actively develops partnerships and implements innovative solutions to ensure stable energy supply of the country.
Ukrainian mining companies have increased exports of iron ore in physical terms by 2.1 times year-on-year to 23 million 318.681 thousand tons this year.
According to the statistics released by the State Customs Service on Friday, foreign exchange earnings from iron ore exports increased by 72.1% to $2 billion 32.671 million in the period under review.
Iron ore was exported mainly to China (36.39% of supplies in monetary terms), Slovakia (17.04%) and Poland (16.94%).
In January-August 2024, Ukraine imported iron ore worth $223 thousand in the total volume of 794 tons, while in January-August 2023 it imported iron ore worth $81 thousand in the total volume of 118 tons. Imports this year were carried out from the Netherlands (31.70%), Poland (28.57%) and Norway (18.75%).
As reported, in 2023, Ukraine decreased exports of iron ore in physical terms by 26% compared to 2022 – to 17 million 753.165 thousand tons, foreign exchange earnings from iron ore exports amounted to $1 billion 766.906 million (down 39.3%). Iron ore was exported mainly to Slovakia (28.39% of supplies in monetary terms), the Czech Republic (19.74%) and Poland (19.56%).
Last year, Ukraine imported iron ore worth $135 thousand in the total amount of 250 tons. During this period, imports were made from Norway (34.81%), Italy (28.89%) and the Netherlands (28.89%). While in 2022, iron ore was imported for $65 thousand in a total volume of 101 tons.
In January-August this year, Ukrainian companies increased imports of copper and copper products by 20.1% in value terms compared to the same period last year, to $92.824 million.
According to customs statistics released by the State Customs Service of Ukraine on Friday, exports of copper and copper products increased by 16% to $58.224 million over the period under review.
In August, copper was imported for $8.304 million and exported for $8.878 million.
In addition, in January-August 2024, Ukraine increased imports of nickel and products by 68.5% compared to the same period in 2023 to $18.6 million (in August – $1.620 million), aluminum and aluminum products by 20% to $292.701 million (in August – $42.649 million).
At the same time, the country reduced imports of lead and lead products by 14.8% to $615 thousand (in August – $5 thousand), imports of tin and tin products increased by 7.8% to $1.842 million (in August – $307 thousand), and increased imports of zinc and zinc products by 32.9% to $38.242 million (in August – $4.882 million).
Exports of aluminum and aluminum products in the first eight months of 2024 increased by 31.1% compared to the same period a year earlier to $82.966 million (in August – $11.901 million), lead and lead products decreased by 25.9% to $7.315 million (in August – $823 thousand), nickel and nickel products amounted to $508 thousand (in August – $85 thousand), while in January-August 2023 it was $201 thousand.
Zinc exports for the first eight months of this year amounted to $201 thousand (in August – $79 thousand), while in January-August 2023 it was $88 thousand. Exports of tin and products amounted to $344 thousand (in August – $2 thousand) against $53 thousand in the same period a year earlier.
As reported, in 2023, Ukraine increased imports of copper and copper products by 2.2 times compared to 2022 – up to $140.795 million, while exports decreased by 20.1% to $72.078 million.
In addition, in 2023, Ukraine decreased imports of nickel and products by 74.2% compared to 2022, to $15.391 million, and increased imports of aluminum and aluminum products by 7.7%, to $366.463 million.
At the same time, imports of lead and lead products decreased by 65.2% to $989 thousand, tin and tin products by 23% to $2.728 million, but imports of zinc and zinc products increased by 18.8% to $45.966 million.
Exports of aluminum and aluminum products in 2023 increased by 0.7% compared to 2022 to $97.616 million, lead and lead products increased by 23.5% to $14.778 million, and nickel and nickel products amounted to $532 thousand, while in 2022 it was $1.268 million.
In 2023, the company exported $130 thousand worth of zinc, compared to $1.331 million in 2022. Exports of tin and tin products amounted to $159 thousand against $424 thousand in 2022.
