Centravis Production Ukraine (Nikopol, Dnipropetrovs’k region), a member of Centravis Ltd. holding, has supplied boiler pipes to the Brazilian market for Caldema, a company specializing in the production of industrial equipment.
According to the company’s press release on Tuesday, the total volume of deliveries amounted to 193 tons.
It is specified that the Ukrainian pipes are intended for the production of a steam boiler that will run on cotton seeds. This project is part of the environmental trend of using biomass as an alternative energy source. The boiler is being developed for a Brazilian company that seeks to reduce its dependence on fossil fuels.
It is noted that this is an important step towards sustainable development, as the technology of cottonseed processing allows for the production of clean energy, reducing CO₂ emissions.
“This is a large order for one of the largest companies in the industry and a prominent player in the local market. We hope it will help expand our company’s presence in the South American market, which has been growing rapidly in recent years,” said Artem Atanasov, Sales Director of Centravis.
Brazil is one of the top 10 countries in the world in terms of gross domestic product.
Centravis, in turn, is among the world’s top ten producers of hot-rolled seamless stainless steel pipes. In 2024, the company increased production by 12% to 13.7 thousand tons. More than 99% of this volume was exported to 40 countries. The largest consumers of Ukrainian seamless pipes are Germany, the US, Italy, Austria and Spain.
“Last year we had very good growth dynamics in the North and South American markets. We know this region and will work to increase sales in this part of the world,” stated Atanasov.
“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.
Metinvest B.V. (the Netherlands), the parent company of a vertically integrated group of steel and mining companies, has paid a regular coupon on its 2027 Eurobonds and continues to meet its debt obligations, including to Eurobond holders, despite the war in Ukraine.
“We can confirm that the coupon was paid on time,” Andriy Burlakov, Metinvest Group’s press secretary, told Interfax-Ukraine in response to a query.
Coupon payments on the 2027 Eurobonds are due on March 1.
“On March 1 and September 1 of each year, starting from March 1, 2021,” the information on the payment of coupons on the 2027 bond states.
“Metinvest is a vertically integrated group of steel and mining companies. Its businesses are located in Ukraine, in Donetsk, Luhansk, Zaporizhzhia and Dnipro regions, as well as in the European Union, the United Kingdom and the United States.
The main shareholders of the holding are SCM Group (71.24%) and Smart Holding (23.76%), which jointly manage it.
Metinvest Holding LLC is the management company of Metinvest Group.
The board of directors of Astarta, Ukraine’s largest sugar producer, has approved a decision to start construction of an oilseeds processing plant, including soybeans and rapeseed, in Khmelnytsky region, in which it will invest $76 million, the company’s press service reports on Facebook.
According to the report, the planned capacity will be 400 thousand tons per year. It is scheduled to be commissioned in 2026.
“Astarta continues to strengthen its position in the processing sector by investing in new production facilities. The growing demand for soybean products in the EU opens up new opportunities, and we are ready to realize them using our experience and expertise.
The new oilseed processing plant will allow us to expand the range of ingredients for the feed base,” said Vyacheslav Chuk, Astarta’s Chief Commercial and Strategic Marketing Officer.
The agroholding noted that the project envisages the efficient use of the existing infrastructure of the agro-industrial holding and will contribute to the development of the agro-industrial ecosystem in the Western region.
“The Astarta team is already actively working on its implementation. Just today we have finalized the agreement with the manufacturer of the extraction equipment and technology. We are waiting for the decision of the Narkevytska territorial community to allocate land for the project. According to our experts, this project meets the requirements of the law “On State Support for Investment Projects with Significant Investments in Ukraine”, so we intend to apply for participation in the program to speed up its implementation,” Chuk added.
“Astarta is a vertically integrated agro-industrial holding company operating in eight regions of Ukraine. It includes six sugar factories, agricultural enterprises with a land bank of 220 thousand hectares and dairy farms with 22 thousand cattle, an oil extraction plant in Globyno (Poltava region), seven elevators and a biogas complex.
In 2023, the agricultural holding reduced its net profit by 5.0% to EUR61.9 million, and its EBITDA decreased by 6.1% to EUR145.77 million, while revenue increased by 21.3% to EUR618.93 million.
“In January-September 2024, Astarta increased its net profit by 35.1% to EUR75.60 million, EBITDA by 12.8% to $131.56 million, with revenue up 12.6% to EUR441.46 million.
Zaporozhkoks, one of Ukraine’s largest coke and chemical producers and part of Metinvest Group, reduced its blast furnace coke output by 3.7% year-on-year to 135.6 thousand tons from 140.8 thousand tons in January-February this year.
According to the company, it produced 61.2 thousand tons of coke in February.
As reported, Zaporozhkoks increased its blast furnace coke production by 2.1% in 2024 compared to 2023, up to 874.7 thousand tons from 856.8 thousand tons.
“In 2023, Zaporozhkoks increased its blast furnace coke output by 16% compared to 2022, up to 856.8 thousand tons from 737.4 thousand tons.
“Zaporozhkoks produces about 10% of coke in Ukraine and has a full technological cycle of coke products processing. It also produces coke oven gas and pitch coke.
“Metinvest is a vertically integrated mining group of companies. Its major shareholders are SCM Group (71.24%) and Smart Holding (23.76%), which jointly manage the company.
Metinvest Holding LLC is the management company of Metinvest Group.
Zaporizhzhia-based Zaporizhstal Iron and Steel Works increased its rolled steel output by 4.6% year-on-year to 413.3 thousand tons from 395.3 thousand tons in January-February this year.
According to the company’s press release on Tuesday, steel production for the period amounted to 478.3 thousand tons (471.1 thousand tons in January-February 2014), and pig iron – 553.1 thousand tons (512.3 thousand tons).
In February, Zaporizhstal produced 265.4 thousand tons of iron, 235.3 thousand tons of steel, and shipped 195.7 thousand tons of rolled products.
As reported, in 2024, Zaporizhstal increased its rolled steel output by 18.1% compared to 2023 – to 2 million 426.7 thousand tons from 2 million 54.7 thousand tons, steel – by 17.2% to 2 million 890.8 thousand tons, pig iron – by 14.2% to 3 million 106.3 thousand tons.
“In 2023, Zaporizhstal increased its rolled steel output by 57.2% compared to 2022, to 2 million 54.7 thousand tons, steel by 65.4%, to 2 million 466.9 thousand tons, and pig iron by 35.3%, to 2 million 718.9 thousand tons.
“Zaporizhstal is one of the largest industrial enterprises in Ukraine, whose products are in great demand among consumers both in the domestic market and in many countries of the world.
“Zaporizhstal is in the process of integration into Metinvest Group, whose major shareholders are System Capital Management (71.24%) and Smart Holding Group (23.76%).
Metinvest Holding LLC is the management company of Metinvest Group.
China will impose additional duties on some imports from the United States, the Customs Duties Committee of the Chinese State Council said Tuesday. Tariffs of 15 percent will be imposed on chicken meat, wheat, corn and cotton, and 10 percent on sorghum, soybeans, pork, beef, aquatic products, fruits, vegetables and dairy products.
The move comes after the U.S. decided to impose additional 10% duties on goods imported from China starting March 4.
The unilateral imposition of tariffs by the United States undermines the multilateral trading system, increases the burden on U.S. enterprises and consumers, and damages the foundation of trade and economic cooperation between the two countries, the committee said in a statement quoted by Xinhua news agency.
China has also placed 15 U.S. companies on the export control list. They include Leidos, Gibbs&Cox, IP Video Market Info, Shield AI, Group W, General Atomics Aeronautical Systems and General Dynamics’ unit General Dynamics Land Systems.
Also included on the list of untrustworthy entities are 10 U.S. companies, which will prohibit them from engaging in China-related imports or exports and making new investments in the country. The names are TCOM, Stick Rudder Enterprises, Teledyne Brown Engineering (a unit of Teledyne Technologies), Huntington Ingalls Industries, S3 AeroDefense, Cubic Corp., TextOre, ACT1 Federal, Exovera and Planate Management Group. Last month, fashion brand owner PVH Corp. and biotech company Illumina Inc. made the list.
