PrJSC Centravis Production Ukraine, part of Centravis Ltd., has launched several large-scale programs for the environmental modernization of the enterprise with a total investment of more than UAH 140 million.
According to the company’s press release on Wednesday, the projects include a comprehensive reconstruction of the chemical pipe treatment section, the construction of a reagent treatment system for acid wastewater, as well as the transition to autonomous modular boiler houses.
At the same time, it is noted that care for the environment is part of the Centravis evolutionary path. In this regard, the company has developed and is actively implementing a number of environmental programs that will help reduce the impact on the environment.
One of Centravis’s goals is to eliminate the use of energy-consuming alkaline melt by radically changing the technology of chemical processing of seamless pipes. To this end, the company has entered into a contract for the supply of a new dipping tank, which will allow the introduction of an innovative technology for the chemical treatment of pipes in the near future. The installation of the new tank is scheduled for the first half of 2021.
Also, within the framework of this program, a comprehensive reconstruction of the entire chemical processing section of pipes will be carried out, including a complete repair of the ventilation system. The cost of the entire complex of measures within the framework of this project will amount to more than UAH 70 million.
Another equally important environmental program is the construction of a reagent acid wastewater treatment system. It is planned that the system will be built by 2022, and the project cost will be more than UAH 45 million.
In addition, in 2021, Centravis will switch to autonomous modular boiler houses and abandon the centralized supply of steam and heating, which will make production more energy efficient. At the same time, the company will reduce carbon dioxide emissions by 140 tonnes per month. The expected cost of the project for the construction of modular boiler houses is about UAH 25 million.
“We will be able to complete the bulk of the work under the eco-program by the end of 2021. Centravis will continue to actively invest in environmental programs, since caring for the environment and the health of our employees will remain our focus in a long-term strategy based on an evolutionary path,” the press service said, citing Head of Purchasing at Centravis Tetiana Omelchenko.
Centravis is one of the world’s largest manufacturers of seamless stainless steel pipes, founded in 2000. Its production facilities are located in Nikopol (Dnipropetrovsk region). It is included in the top ten world players. The company employs over 1,400 people.
The Verkhovna Rada has approved amendments to the Land Code and other laws to improve the management and deregulation system in the field of land relations. Some 284 MPs backed at the final reading bill No. 2194.
As reported, the parliament began the second reading of bill No. 2194 on amendments to the Land Code and other laws to improve the management and deregulation system in the field of land relations on March 16.
The bill received 3,128 proposals and amendments, mainly from MPs from the Opposition Platform – For Life and Batkivschyna parliamentary factions.
According to the rules of procedure of the Verkhovna Rada, MPs cannot consider other issues until they finish consideration of the initiated bill.
The Dobrobut medical network begins expansion in the regions, Ihor Mazepa, the founder and CEO of Concorde Capital, has said.
“The goal is to build a medical ATB. We are going beyond Kyiv and starting regional expansion,” he told Forbs.
Mazepa also said that capex for Dobrobut for the next five years will amount to $200-230 million.
He predicted that Dobrobut will earn $20 million of EBITDA in 2022 and the company’s value during this time “should grow to $200 million.”
“Dobrobut annually grows in sales by 40-45%. Our bet, which we placed on medicine five years ago, is beginning to be seriously paid off. I hope that after some time this business will cost more than $500 million,” he said.
In general, Mazepa estimates the Ukrainian medical market at $8 billion.
“The state still dominates in medicine. But the future belongs to private companies, and in five years they will come to the fore,” Mazepa said.
National bank of Ukraine’s official rates as of 28/04/21
Source: National Bank of Ukraine
Official rates of banking metals from national bank as of April 28
The Verkhovna Rada adopted at the final reading bill on amendments to Section II Final and Transitional Provisions of the Law of Ukraine on amendments to certain laws of Ukraine concerning reducing the shortage of ferrous scrap on the domestic market, which is proposed to prolong the export duty in the amount of EUR 58 per tonne for another five years.
Some 291 MPs backed the bill at a parliamentary session on Tuesday.
One of the authors of bill No. 5175, Deputy Head of the Verkhovna Rada Committee for Economic Development Dmytro Kysylevsky, in his Facebook post, expressed his satisfaction with the adoption of the bill.
At the same time, he recalled that the duty was first introduced in 2016 to moderate the export of scarce raw materials from Ukraine. The metallurgical industry, which provides 10% of the national GDP, 35% of merchandise exports and 200,000 jobs, cannot work without it. After all, there is no technology that allows getting steel without using scrap metal.
“As the deputy head of the parliamentary committee for economic development, I understand that only the export of products with high added value will allow us to become a strong and rich country. In this case, 1 tonne of exported scrap gives Ukraine a little less than UAH 2,000 (this is the payment of the EUR 58 duty), while 1 tonne of the same scrap processed into finished steel products at Ukrainian steel plants brings about UAH 8,000 in taxes. That is, it is four times more profitable for the state to process scrap into metal and then into finished products than to export raw materials,” the parliamentarian said.
According to him, in this case there is no question of choice: to export raw materials or processed products with added value. At the same time, he said that if the initiative to extend the duty did not receive the necessary support from MPs, then 21,000 jobs and about UAH 1 billion of taxes per year would be lost for the Ukrainian state.
“And, of course, we need to think about the future. The EU Green Deal further increases the value of scrap as a raw material for metallurgy: its use in electric arc furnaces reduces CO2 emissions by up to 90% compared to conventional technologies of steel production in converters and open-hearth furnaces. And since Ukraine undertakes to reduce CO2 emissions, it is necessary to take care of the resources for this, as other countries are already doing,” Kysylevsky said, adding that the European metallurgical association Eurofer generally demands to ban the export of scrap metal from the EU, taking into account the EU Green Deal.
“At the same time, I want to reassure the skeptics: the bill does not contradict our international obligations. This is a temporary measure that is not discriminatory. It complies with the WTO law on security exceptions: we have a war, a chronic trade deficit, Crimea is annexed. International partners understand this. Therefore, no claims were made against Ukraine during the period of the duty since 2016. And now official Kyiv has a confident negotiating position in the WTO,” the MP said.
