Trilateral negotiations of the European Union, Russia, and Ukraine on Russian gas transit via Ukraine after 2019 may begin in early July, according to European Commission Vice President Maros Sefcovic. “Time is a precious commodity. I hope to start working with Russia and Ukraine on the trilateral gas agenda in early July,” he wrote on Twitter. “Complex negotiations ahead,” Sefcovic wrote. He said in late May that the objective of these negotiations will be to determine details of gas transit via Ukraine after 2019 and guarantees of such transit.
Kyivsky cardboard paper mill (Obukhiv, Kyiv region), a leader in Ukraine’s pulp and paper industry in terms of production and sales, produced goods worth UAH 2.149 billion in January-May 2018, which was 18.4% up year-over-year. Thus, production in the first five months of 2018 somewhat slowed compared to the same period last year (production growth in January-April was 26.7% and in January-March 30%), the UkrPapir association said.
Corrugated packaging output grew by 11.2%, to 93.5 million square meters, which was the second highest result among producers of corrugated packaging in Ukraine after Rubizhne cardboard packaging mill in Luhansk region (with Trypilsky packaging plant).
Production of cardboard increased by 15.7%, to 85,400 tonnes. Production of package cardboard alone grew by 31%, to 58,900 tonnes, while box cardboard output fell by 8.2%, to almost 26,550 tonnes. However, production of base paper (for sanitary products) stood at 31,500 tonnes, which was the same as a year ago. Toilet paper output grew by 7%, to 174.9 million rolls. Corrugated packaging output in total in Ukraine (including other producers) grew by 8.4% January through May 2018, to 416.94 million square meters, that of paper and cardboard increased by 12.5%, to 395,650 tonnes.
Kyivsky cardboard paper mill is one of the largest cardboard and paper producers in Europe. It employs almost 2,200 people. It sells produce to almost 700 companies in Ukraine, some CIS member states and the rest of the world. In 2017, the mill saw a 14.8% rise in production from 2016, to UAH 4.85 billion.
The Infrastructure Ministry of Ukraine and Hyperloop Transportation Technologies have signed a memorandum of understanding and cooperation on the Hyperloop project, the Ministry of Infrastructure has informed. During the public discussion “Hyperloop in Ukraine” with the participation of Hyperloop Transportation Technologies CEO Dirk Ahlborn and Minister of Infrastructure Volodymyr Omelyan, a memorandum of cooperation was signed, as well as the issues related to the development of high-speed transport (in particular, the Hyperloop transport system), the introduction of innovations and artificial intelligence systems in transport industry were considered.
Omelyan noted Ukraine should enter the world’s mainstream in developing advanced technologies in transport.
“Hyperloop is the next generation transport that will give the world unprecedented speed, possibilities, and technologies. One of the results of Ahlborn’s visit was our clear intention to work together to develop these new technologies,” the minister said.
He expressed hope that a center will soon be opened that will deal not only with Hyperloop but with new materials, new components of modern transport.
The parties agreed on joint development of technologies, joint search for investors for this project.
Hyperloop Transportation is one of the first companies that showed interest in the Hyperloop high-speed transport project. The company already has contracts for the design and construction of high-speed transportation lines with France, Slovakia, Austria, Hungary, the United Arab Emirates, and others.
Source: Central Bank
Risoil S.A. will increase the transshipment capacity of the grain terminal of JV Risoil Terminal LLC in Chornomorsk seaport (Odesa region) from 15,000 tonnes to 22,000 tonnes of grain per day.
According to the company, it began work on assembling the Neuero ship loader. Its productivity is 1,000 tonnes per hour.
This equipment was designed by the order of Risoil in view of environmental standards, as well as the technical characteristics of berth No. 11.
Risoil is also building a marine gallery. All the preparatory works have been finished. It is planned to complete all the stages and commission new facilities in August-September.
Risoil S.A. was established in Geneva (Switzerland) in 2000. Its core business is logistics of oil, bulk and general cargo in the ports of the Black Sea, sale and production of vegetable oils, trade in grain and oilseeds in containers, storage and processing of agro-industrial products.
Risoil Terminal in Chornomorsk seaport was commissioned in 2016.
