Centravis Production Ukraine (Nikopol, Dnipropetrovs’k region), a member of Centravis Ltd. holding, has agreed to supply a new batch of stainless steel pipes to South Korea for the largest hydrogen production plant.
According to a press release on Monday, Centravis has received an order for seamless pipes for a new hydrogen production plant in the South Korean city of Ulsan.
It is specified that the volume of delivery is 15 tons, and the client from South Korea ordered pipes for furnaces.
The company noted that Centravis has previously fulfilled orders for hydrogen projects. In particular, the Ukrainian company became a participant in a project to produce hydrogen-powered cars in the EU.
“Centravis has also agreed to supply seamless pipes from a German company specializing in hydraulic connections for the production of hydraulic connections with a high degree of leakage protection, in particular in projects using hydrogen and compressed natural gas.
“We are actively working in the Asian and Middle Eastern markets. And this contract is another step forward for us, especially since the construction of a hydrogen production plant has already become a landmark project for South Korea and the entire region,” said Artem Atanasov, Centravis Sales Director.
The construction of the Ulsan plant is expected to be completed in 2026. Its capacity will be 92,000 cubic meters per hour, or 8.2 tons. The volume of investments is about $157 million. It will be the largest hydrogen production plant in South Korea.
The press release states that Ulsan has become the center of the country’s hydrogen industry. Hyundai Motor and local authorities have recently agreed to create a hydrogen ecosystem in the city. In particular, the Korean automotive manufacturer presented a prototype of a hydrogen tram with a range of up to 150 km and a refueling time of up to 10 minutes.
The city recently unveiled the world’s first complex of “hydrogen apartments” that uses electricity and heat from hydrogen fuel cells, which provides significant savings in electricity costs.
As reported, in 2023, Centravis increased its production by 12% to 12.2 thousand tons. More than 98% of its products are supplied to foreign markets. The company has exported its products to 38 countries, including Germany, Italy, the USA, Japan, South Korea, the UAE, Oman, and others.
Today, Centravis is among the world’s ten largest producers of seamless stainless steel pipes.
“Founded in 2000, Centravis is one of the ten largest producers of seamless stainless steel pipes in the world. Its main production facilities are located in Nikopol (Dnipropetrovska oblast). In 2023, the company opened a branch in Uzhhorod.
Centravis Holding Ltd. was established on the basis of Nikopol Stainless Steel Pipe Plant CJSC, service and trading companies of Production and Commercial Enterprise YUVIS LLC. Its shareholders are members of the Atanasov family. Centravis Ltd. owns 100% of the shares of Centravis Production Ukraine.
In January-November this year, Ukrainian mining companies increased exports of iron ore by 87.4% in physical terms compared to the same period last year, to 30 million 250,394 thousand tons.
According to the statistics released by the State Customs Service on Monday, foreign exchange earnings from iron ore exports increased by 55.8% to $2 billion 530.162 million during this period.
Exports of iron ore were carried out mainly to China (34.61% of supplies in monetary terms), Poland (17.68%) and Slovakia (17.07%).
In January-November 2024, Ukraine imported iron ore for $409 thousand in a total volume of 2.031 thousand tons, while in January-November 2023, 244 tons of this raw material were imported for $131 thousand. This year, imports were carried out from Poland (50.37%), the Netherlands (23.23%) and Norway (13.69%).
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.
Forecast of dynamics of changes in Ukrainian GDP in % for 2022-2025 in relation to previous period
Open4Business.com.ua
In January-November of this year, Ukraine’s metallurgical enterprises increased their revenues from ferrous metal exports by 18.06% year-on-year to $2 billion 872.572 million.
According to statistics released by the State Customs Service (SCS) on Monday, ferrous metals accounted for 7.48% of total export revenues during this period, compared to 7.38% in January-November 2023.
In November, revenues from exports of ferrous metals amounted to $207.343 million, while in the previous month – $265.72 million.
At the same time, Ukraine increased imports of similar products by 14.3% to $1 billion 370.375 million in the first eleven months of this year. In November, the country imported products worth $118.267 million.
In addition, in January-November 2024, Ukraine increased exports of metal products by 6% to $871.007 million. In November, they were exported for $71.998 million.
Imports of metal products increased by 16% to $960.596 million over the same period. In November, these products were imported for $75.395 million.
As reported earlier, in 2023, Ukraine’s steelmaking companies reduced revenues from exports of ferrous metals by 41.6% compared to 2022, to $2 billion 647.72 million, with ferrous metals accounting for 7.3% of total revenues from exports of goods in this period, compared to 10.3% in 2022. At the same time, in 2023, Ukraine increased imports of similar products by 37% to $1 billion 307.05 million.
In addition, last year, Ukraine reduced exports of metal products by 16.6% year-on-year to $877.92 million, while imports of metal products increased by 40.3% to $902.57 million.
Since the beginning of the 2024-2025 marketing year and as of December 9, Ukraine has exported 18.981 mln tonnes of grains and pulses, of which 606 tonnes were shipped this month, the press service of the Ministry of Agrarian Policy and Food reported, citing data from the State Customs Service of Ukraine.
According to the report, as of December 13 last year, the total shipments amounted to 14.697 mln tonnes, including 1.6 mln tonnes in December.
In terms of crops, since the beginning of the current season, Ukraine has exported 9.115 million tons of wheat (121 thousand tons in December), 1.866 million tons of barley (4 thousand tons), 10.8 thousand tons of rye (0), and 7.684 million tons of corn (475 thousand tons).
The total export of Ukrainian flour since the beginning of the season as of December 9 is estimated at 33.3 thsd tonnes (1.6 thsd tonnes in December), including 30.5 thsd tonnes of wheat (1.5 thsd tonnes).
According to the expert, about 100,000 tons of fireproof paints, plasters and other products may be needed to restore destroyed real estate.
Research by the Kyiv School of Economics and USAID shows that 90% of the construction materials needed to rebuild Ukraine can be produced locally. At the same time, the director of Kovlar Group, the largest Ukrainian manufacturer of fireproofing materials that produces Ammokote products, said that the total capacity of domestic fireproofing manufacturers far exceeds the expected demand during the reconstruction.
“As of today, fire protection materials worth about UAH 1 billion are needed to rebuild the destroyed facilities,” said Konstantin Kalafat, ”At the same time, the use of locally produced products will not only help develop Ukraine’s construction industry and create new jobs, but will also help investors save a lot of money, as Ukrainian products are much cheaper than imported counterparts.
Established in 2015, Kovlar Group is the largest Ukrainian manufacturer of fire protection products, which occupies about 60% of the Ukrainian fire protection materials market and offers more than 20 products under the Ammokote brand.
Established in 2015, Kovlar Group is the largest Ukrainian manufacturer of fire protection, which occupies about 60% of the Ukrainian fire protection materials market and offers more than 20 products under the Ammokote brand.
Kovlar Group LLC was founded in 2015, its authorized capital is UAH 1.2 million, and its ultimate beneficiaries are Kostiantyn Kalafat (40%), Andrii Ozeychuk (35%), and Liubov Vakhitova (25%). According to the company’s annual reports, in 2023, the company received UAH 42 million 585 thousand in revenue, which is more than four times higher than in 2022; net profit for 2023 was UAH 7.7 million against a net loss of UAH 1.6 million in 2022.
fire protection materials, Kovlar Group, RECONSTRUCTION, Калафат
