Business news from Ukraine

DUPONT PIONEER LAUNCHES SUNFLOWER SEED PRODUCTION LINE IN POLTAVA REGION

KYIV. Sept 27 (Interfax-Ukraine) – DuPont Pioneer, one of the largest seeds producers in the world, has launched a sunflower seed production line in the village of Stasy (Poltava region).
The company said in a press release that investment in the launch of the line totaled $5 million. Total investment in the seed complex is over $55 million.
“I am proud that DuPont Pioneer continues investing in the facility, despite challenges Ukraine faces now. This would help us to boost sunflower production and complete the ambitious task to expand our presence on the Ukrainian market,” Head of the Agricultural Unit of DowDuPont in Central and Eastern Europe Ihor Teslenko said.
As reported, the line’s capacity is 200,000 sunflower seeds. After its launch, the plant’s total capacity will be more than 700,000 seeds (corn and sunflower together).
DuPont Pioneer sells its seeds in more than 90 countries.
The company opened its representative office in Kyiv in 1998 and began work on testing new hybrids of corn and sunflower. In 2001, Pioneer Nasinnia Ukraine LLC was registered, and on August 27, 2010 the company officially announced the opening of its research and development center in Kyiv region.

ZORYA-MASHPROEKT UPGRADES EQUIPMENT AT COMPRESSOR STATION IN POLTAVA REGION UNDER UKRAINIAN GTS UPGRADE PROGRAM

KYIV. Sept 27 (Interfax-Ukraine) – Zorya-Mashproekt state-owned enterprise (Mykolaiv) participating in the Ukrainian gas transport system (GTS) modernization program has supplied new energy equipment for the Hrebinkivska compressor station in Poltava region.
The press service of the enterprise reported that three DG90L2.1 gas turbine engines 16 MW each were shipped to public joint-stock company Ukrtransgaz.
“As part of the modernization of the Hrebinkivska station, second generation engines DZh59 will be replaced by modern ones having a higher efficiency, which will significantly reduce fuel consumption. DG90 is a line of commercially produced engines. Since the moment of their designing, 340 units of this equipment have been shipped to various customers and successfully operated,” the press service said.
The enterprise said that the engines supplied to the Hrebinkivska compressor station are the first engines that, at the request of the customer, have been modernized to meet the EU environmental requirements, in particular, the nitrogen oxide emission requirements. The upgraded engines successfully passed the tests and confirmed all the claimed characteristics,” the enterprise said.
“For the reconstruction of the Hrebinkivska compressor station Zorya-Mashproekt will also supply modern digital automatic control systems and fuel systems. The engines will be replaced by Zorya-Mashproekt experts,” the enterprise said.

ARCELORMITTAL KRYVYI RIH SPENDS UAH 141 MLN ON PURCHASE OF FIVE BELAZ TRUCKS TO INCREASE ORE EXTRACTION

KYIV. Sept 26 (Interfax-Ukraine) – PJSC ArcelorMittal Kryvyi Rih (Dnipropetrovsk region) has spent UAH 141.3 million on the purchase of five new BelAZ trucks with a carrying capacity of 130 tonnes.
According to a company press release, in addition to the delivery of the trucks, the contract includes the supply of spare parts for them and maintenance.
Automotive equipment for the mining department was purchased as part of the enterprise’s modernization program. New heavy-duty trucks will ensure delivery of ore from the second and third quarries.
According to ArcelorMittal Kryvyi Rih CEO Paramjit Kahlon, the company has ambitious plans to reach the extraction of 28-29 million tonnes of overburden, 10 million tonnes of iron ore concentrate per year.
According to him, the plant plans in 2017 to additionally purchase heavy-duty dump trucks for both ArcelorMittal Kryvy Rih and the combine in Kazakhstan.
“Modern equipment and introduction of advanced technologies increase the competitiveness of ArcelorMittal Kryvy Rih, strengthen leadership positions in the mining and metallurgical industry of Ukraine,” the company director stressed.

UBC GROUP INVESTMENTS IN FIRST STAGE OF REFRIGERATOR PLANT IN VINNYTSIA COME TO EUR 18 MLN

KYIV. Sept 26 (Interfax-Ukraine) – UBC Group (Kharkiv), a commercial and industrial holding working in the field of refrigeration equipment and promotional products, has invested EUR 18 million in the first stage of a refrigeration equipment plant in Vinnytsia.
“Now we are completing the construction and expect that the first stage of the plant will start producing test lots of top-opening freezers in December. The capacity of the first stage is 60,000 pieces per year, its budget is EUR 18 million,” UBC Group President Ihor Humenny said.
According to him, after the launch of the first stage, the company will begin construction of the second one.
“After the launch of the first stage, we plan to expand the facility from 20,000 square meters to 35,000 square meters. The second stage will produce refrigerators, its capacity will reach 150,000 units a year,” he said.
Capital investments in the second stage are estimated at about EUR 10-12 million.
UBC Group has three plants in Ukraine and offices in 26 countries. The group includes several divisions: UBC Сool develops and manufactures refrigeration equipment for drinks and products, includes a plant in Derhachi (Kharkiv region), UBC Promo is engaged in development and production of promotional materials, UBC Engineering provides installation and commissioning services in food and processing industry, UBC Service renders services for reconstruction of professional refrigeration equipment, UBC Distribution sells UBC Group products and services, UBC Armature is engaged in design and installation of equipment and technical processes, distribution of industrial fittings and consumables.