Nikopol Ferroalloy Plant (NFP, Dnipropetrovsk region) in 2021 plans to increase the investment program by 5.7% compared to the previous year, to more than UAH 317 million from UAH 300 million.
“In 2021, we plan to raise more than UAH 317 million, which will be allocated both for the implementation of system programs and new projects,” Deputy Chief Engineer for investment activities at Nikopol Ferroalloy Plant Valeriy Honcharov said in an interview with the Electrometallurg corporate newsapaper.
“The plant’s development program for 2021 is a continuation of the 2018-2020 strategy. It focuses on funding for the completion of long-term measures in 2020, the implementation of short-term measures for problem areas, the continuation of the implementation of measures aimed at energy saving and additional profit, as well as a set of measures for IT development,” Honcharov said.
In addition, the program for including a metallized slag sampling device, a magnetic separation unit in the production stream, as well as a project to manufacture and replace a bucket conveyor at crushing and sorting complex No. 2 will be continued.
As part of the obligations under the environmental program, the plant will continue the reconstruction of a number of gas purifiers, as well as begin designing the reconstruction of gas purifiers at the head parts of sintering machines No. 1-4 with the installation of bag filters, Honcharov said. According to him, it will be a large and long-term project, planned until 2027.
The purchase of heavy equipment will be continued. It is also planned to implement a project to install a transport control system for diesel locomotives and vehicles.
As part of the modernization of the plant’s systems in 2021, it is planned to allocate about UAH 11 million for the IT development of the plant. Also this year it is planned to introduce a car labeling system.
“In general, the implementation of investment measures in 2021 will ensure the production of ferroalloys in the required volumes and continue the course to maintain the state of the main facilities of the enterprise with improved technical and economic indicators, as well as, if necessary, increase the production and shipment of finished products,” the deputy chief engineer said.
