Ukrainian President Petro Poroshenko has signed a bill amending some Ukrainian laws regarding preserving Ukrainian forests and preventing illegal imports of rough timber, according to posting on the official website of the head of state. The law increases fines for illegal logging and causing damage to forests and young trees by several times. The amendments are made to the Code of Ukraine on Administrative Offenses, Criminal Code of Ukraine, Code of Criminal Procedure and the law on the specifics of the public regulation of activities of business entities linked to the sale and exports of wood.
The government is instructed to design a comprehensive program on restoration of forests of Ukraine and set the priorities for these works, fire and disease protection and other measures. The introduction of the requirements of the law will allow preserving the environmental safety of Ukraine and will create an effective mechanism to prevent committing crimes related to illegal logging. As reported, on July 3, 2018, Ukraine’s Verkhovna Rada passed bill No. 5495, restricting domestic consumption of rough timber to 25 million cubic meters a year and temporarily banning exports of firewood.
Zhongman Petroleum and Natural Gas Group Corp. (China) has won a tender of JSC Ukrgazvydobuvannia to buy a new mobile drilling rig with a capacity of 125 tonnes for UAH 351.08 million (VAT included). According to the ProZorro e-procurement system, Ukrgazvydobuvannia posted a notification about the plans to sign the contract on October 2. The equipment is to be delivered before May 31, 2019. Sichuan Honghua Petroleum Equipment Co., China Petroleum Technology & Development Corporation, Yantai Jereh Petroleum Equipment & Technologies Co. and Redditizio Limited took part in the tender.
According to the tender documents, the drilling rig will be used to overhaul wells with depth of up to 6,000 meters and drill wells with depth of up to 2,800 meters. As reported, at the end of 2017, Ukrgazvydobuvannia signed a contract with Bentec GmbH Drilling & Oilfield Systems (Germany) to supply five drilling rigs with a capacity of 450 tonnes (2,000 HP) for $110 million. The first rig will be supplied in October 2018.
One troy ounce=31.10 grams
Piatydni LLC (Volyn region) will launch an elevator with a capacity of almost 70,000 tonnes of grain and oilseeds in Volodymyr-Volynsky (Volyn region) in 2018.
According to a report on the website of Volyn Regional State Administration, the value of the object is $8 million.
The construction of the elevator began in February of this year. It will provide a full range of services for accepting, cleaning, drying, storing and shipping grain and oilseeds.
“Modern equipment and the availability of several lines allow simultaneously receiving not only different crops, but also grain of different quality and humidity. In addition, the elevator will load trains with raw materials for exports,” the administration said.
The company will be able to ship 25 wagons per day. Some 80 jobs will be created here.
Piatydni LLC was established in 2006. It specializes in production, processing and sale of agricultural products, cultivates almost 16,500 hectares of land.
Ukrainian enterprises increased the consumption of rolled metal by 4.64% in January-August 2018 compared to the same period of 2017, to 3.138 million tonnes.
According to statistics released by the Ukrmetallurgprom association, in January-August 2018, 948,500 tonnes were imported.
“In January-August 2018, the growth of metal consumption in the domestic market amounted to 4.64% compared to January-August 2017, with the outpacing growth of the import component (14.62%),” the association said in a press release.
According to the Ukrmetallurgprom, over the eight months ending August 2018, Ukrainian metallurgical enterprises produced 12.27 million tonnes of rolled metal products (104% compared to the same period in 2017, taking into account the activities in non-government controlled areas, or 108%, without taking them into account in January-February 2017) of which, according to the state-owned enterprise Derzhanalitinform, about 10.1 million tonnes or 82.2% was exported. This is slightly higher than in the same period in 2017, the share of exports in which amounted to 81.6% (9.62 million tonnes, with a total metal production of 11.79 million tonnes).
The share of semi-finished products in exports for the eight months amounted to 43.94%, which exceeds the figure for the period January-August last year (39.83%).
The main export markets of Ukrainian metal products in January-August 2018, according to Derzhanalitinform, are the countries of the European Union (33.4%), Africa (16.9%), other European countries, including Turkey (13.5%) and countries of the Middle East (11%).
Among metallurgical importers in January-August 2018, the first place is occupied by the CIS (56.6%), the second is shared by Asian countries (18.7%) and the European Union (18.3%).
