Business news from Ukraine

Business news from Ukraine

UKRAINE NEEDS ITS OWN BITUMEN PRODUCTION

Founder of the Autostrada Group of Companies Maksym Shkil has said that the Group does not currently experience a shortage of bitumen, however, in his opinion, the country needs to have its own production.
“We do not feel a deficit in the company. We always have stocks for five-ten days, which are located on the territory of Ukraine. But in general, in order to diversify completely, we should do several things in the country. Strategically – we need to have our own bitumen production, as well as production of high-quality petroleum products. Ukraine cannot but have this,” he said in an exclusive interview with Interfax-Ukraine.
Maksym Shkil noted that for this there must be an appropriate state policy.
“If we take today, situationally, we must have the capacity for handling petroleum products in ports. Not exporting something, but accepting it. This issue, I think, should be enhanced so that Ukrainian ports can provide the Ukrainian market,” he said.