Business news from Ukraine

Business news from Ukraine

KYIVSKY CARDBOARD MILL SEES 17% RISE IN PRODUCTION

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 4.626 billion in January-October 2018, which was 17.7% up year-over-year.
Thus, production growth in the ten months ending October 2018 somewhat increased compared to the same period last year, when the growth was 16.5%, the UkrPapir association said.
Corrugated packaging output grew by 9.2%, to 198.5 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 4.5%, to 173,650 tonnes. Production of package cardboard alone grew by 13.4%, to 117,110 tonnes, while box cardboard output fell by 10.2%, to 56,540 tonnes.
Production of base paper (for sanitary products) stood at 66,350 tonnes, which is 6% up. Toilet paper output grew by 5.6%, to 355.4 million rolls.
Corrugated packaging output in total in Ukraine (including other producers) grew by 0.6% January through October 2018, to 840.7 million square meters, that of paper and cardboard increased by 5%, to 798,500 tonnes and toilet paper – by 0.7%, to 562.85 million rolls.
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.

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DTEK NAFTOGAZ PLANS TO INCREASE GAS PRODUCTION IN 2019

DTEK Naftogaz LLC intends to increase natural gas production in 2019 by 10-12% (by 170-200 million cubic meters) compared to the expected production in 2018, to 1.8 billion cubic meters, manager on regulatory issues in the company Yulia Borzhemska has said during the XVI International Forum “Fuel and Energy Complex of Ukraine: Present and Future” in Kyiv.
According to the agency’s calculations, taking into account DTEK gas production in January-September 2018 in the amount of 1.242 billion cubic meters, the expected production in the current year will be 1.66 billion cubic meters.
“Next year, thanks to innovations, we will have a growth of 10-12%,” she said.
As reported, DTEK Naftogaz plans to achieve production of 2 billion cubic meters of natural gas until 2023.
DTEK Naftogaz is an operating company responsible for the oil and gas sector within DTEK energy holding. The assets portfolio of DTEK Naftogaz includes Naftogazvydobuvannia and Naftogazrozrobka, which carry out hydrocarbon exploration and production on three license areas in Poltava and Kharkiv regions.

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MAIN PIPE ENTERPRISES OF UKRAINE INCREASE METAL PIPE PRODUCTION BY 6.2%

The main pipe enterprises of Ukraine in January-September 2018 increased production of pipes from ferrous metals by 6.2% compared to the same period in 2017, to 831,200 tonnes, including 97,400 tonnes in September. The Ukrtruboprom association told Interfax-Ukraine the enterprises of the association for the three quarters of the year raised production of pipes by 17.8%, to 610,900 tonnes, in September to 64,900 tonnes.
Khartsyzsk Pipe Plant (Donetsk region), located in the government uncontrolled zone, remained idle in January-September 2018, while in January-September 2017 it made 3,400 tonnes of pipes.
Pipe production at Interpipe Nyzhniodniprovsky Pipe Rolling Plant in the period rose by 15.9% compared to January-September 2017, to 220,000 tonnes (22,400 tonnes in September), Interpipe Novomoskovsk Pipe Plant increased output by 18.8%, to 85,300 tonnes (11,900 tonnes), while Interpipe Niko Tube raised production by 26.5%, to 276,600 tonnes (28,300 tonnes).
Dnipropetrovsk Pipe decreased pipe production by 18%, to 12,300 tonnes, making 500 tonnes in September. Production at Centravis grew by 5.8%, being 14,500 tonnes of stainless pipes (1,600 tonnes).

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INDUSTRIAL PRODUCTION IN UKRAINE 1.3% DOWN IN SEPT

Industrial production in Ukraine in September 2018 decreased by 1.3% compared to September 2017, while in August it fell by 0.5% compared to August 2017, in July the growth was 2.9%, in June this figure was 2.2%, and in May some 2.5%, the State Statistics Service has said. The agency said that with the adjustment to the effect of calendar days, industrial production in September 2018 also fell by 0.7% from September 2017, while in August 2018 from August 2017 the decline was 0.5%, in July 2018 the growth was 2.3%, in June 2018 some 2.5%.
The service said industrial production in September of this year increased by 1.7% compared to the previous month, and taking into account the seasonal factor it was the same as in August 2018.
In the nine months ending September 2018, the growth of industrial production in Ukraine slowed to 1.8% compared to the same period in 2017, while this figure stood at 2.2% for the eight months, at 2.6% for the seven months, and at 2.5% for the six months.
The supply of electricity, gas and steam in the nine months grew by 2.2%, while the processing industry saw a 1.6% increase, and output in the mining industry grew by 2.0%.
In September 2018 alone, the processing industry reduced production by 1.6% from September 2017, while the supply of electricity, gas and steam fell by 3.9%, and the mining industry saw a 0.7% increase in output.
The State Statistics Service said that industrial production in Luhansk region in September 2018 compared with September 2017 did not change, while Donetsk region saw a 1.2% decrease in industrial output.
As for other regions, a positive result in industry in September this year was recorded in Sumy region (growth by 41.7%), Ternopil region (4.9%), Zaporizhia region (by 4.4%), Zakarpattia (by 3.2%) Ivano-Frankivsk region (2%), Poltava region (1.2%), and Kyiv region (1.5%).
The following regions posted a decrease in industrial production: Odesa region by 14%, Volyn region by 10.3%, Lviv region by 5.4%, Zhytomyr region by 5.1%, Rivne region by 4.9%, Kirovohrad region by 3.4%, Cherkasy region by 3.3%, Kharkiv region by 3%, and the city of Kyiv by 6.3%.
As reported, industrial production in Ukraine in 2017 decreased by 0.1% after growing by 2.4% in 2016. This was preceded by four years of decline: in 2015, industrial production decreased by 13%, in 2014 by 10.1%, in 2013 by 4.3%, in 2012 by 0.7%.

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GROSSDORF TO OPEN NEW PLANT FOR LIQUID CARBOMIDE-AMMONIUM FERTILIZERS PRODUCTION IN UKRAINE

Agrochemical company Grossdorf (Cherkasy) will open a plant for the production of liquid carbomide-ammonium fertilizers near Khmilnyk (Vinnytsia region) with a capacity of 70,000 tonnes per year and a storage capacity of 3,000 tonnes in the middle of December, the press service of the company has said. “We’ve found a site that suited us, and prepared it properly. Currently, work is underway to manufacture equipment for the plant, then it will be tested at the main production facility, transported to Khmilnyk and installed. These works will take approximately one and a half or two months. Thus, the production will be launched by the end of 2018, and agricultural producers of this region will be provided with carbomide-ammonium fertilizers in the spring season of 2019,” Grossdorf Commercial Director Serhiy Ruban said.
He noted that by the end of the year Grossdorf’s production capacity will reach 480,000 tonnes.
The company said over the past year its strategy has changed somewhat. If earlier focus was made on rail transportation, now the company plans to build factories in the main regions where there is a significant need for fertilizers. This is the third plant that Grossdorf group will launch this year.
Grossdorf agrochemical company was established in 2016. It is engaged in production, import, transportation of fertilizers, as well as providing services for introduction of anhydrous ammonia. Its core business is the supply of basic fertilizers for precision farming.

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UKRAINE SEES 2% DECLINE IN MILK PRODUCTION

The production of milk in Ukraine (excluding the temporarily occupied Crimea and Sevastopol, part of Donbas) in January-September 2018 declined by 2% compared to the same period in 2017, to 7.908 million tonnes.
At the same time, egg production in the first nine months grew by 3.1% compared to the same period in 2017, to 12.484 billion eggs, the State Statistics Service of Ukraine said.
Production of meat (in live weight) in January-September 2018 grew by 0.3%, to 2.276 million tonnes.
According to earlier statistics reports, milk production in Ukraine in 2017 decreased by 0.5% from 2016, to 10.329 million tonnes, meat (in live weight) by 0.4%, to 3.259 million tonnes. Production of eggs in 2017 rose by 3.2%, to 15.578 billion eggs.

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