Business news from Ukraine

Business news from Ukraine

Pivdennyi GOK allocated UAH 17 mln to upgrade pellet production units

Northern Mining and Processing Plant (Pivdennyi GOK, Kryvyi Rih, Dnipro Oblast), part of Metinvest Group, has repaired the LURGI 552A roasting machine and upgraded the pellet mill at pellet production shop No. 2 (PPO 2).
According to the plant’s information on Tuesday, Metinvest allocated UAH 17 million to repair the roasting machine and modernize the roar.
It was specified that the roasting machine was put back into operation at the beginning of the month after a quarterly repair.
“The main achievement of the modernization is an increase in the roasting machine’s productivity. The machine now produces 463 tons of pellets per hour compared to 460 tons previously. The second significant result of the modernization is a reduction in specific gas and electricity consumption. And the third is the improvement of the quality characteristics of finished products. All in all, we expect this to bring us up to UAH 10 million in annual benefits,” said Andriy Stebliy, deputy head of the production and planning department at Pivdenny GOK.
According to him, during the repairs, the specialists also carried out standard work, such as replacing the refractory lining of the roasting machine’s furnace and repairing metal structures. Conveyor belts were replaced in the fencing, firing and rumble sections. Process fans were repaired, conveyors, main and auxiliary units and mechanisms involved in the LURGI 552A production line were maintained.
Last summer, crude pelletizers were installed at BOF Shop No. 2 on LPGI 552B and LPGI 552A, which allowed us to reorient to the requirements of the European market and further save resources. At the same time, specialists modernized the automatic process control system.
“Metinvest is a vertically integrated group of steel and mining companies. The Group’s businesses are located primarily in Donetsk, Luhansk, Zaporizhzhia and Dnipro regions.
Metinvest’s major shareholders are SCM Group (71.25%) and Smart Holding (23.75%), which jointly manage the company. Metinvest Holding LLC is the management company of Metinvest Group.

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