Business news from Ukraine

Business news from Ukraine

RESIDENTS OF SEVERODONETSK, MARIUPOL, KHARKIV AND ODESA BEST TREAT RUSSIA – POLL

In Ukraine, residents of Severodonetsk (Luhansk region), Mariupol (Donetsk region), Kharkiv and Odesa the best treat Russia, according to the results of a study conducted by the Rating sociological group on behalf of the Center for Analysis and Sociological Research of the International Republican Institute.
According to the survey, 17% of residents in Severodonetsk assessed the attitude towards the Russian Federation as very warm, 30% – as warm, 34% – neutral. In Mariupol, 14% have a very warm attitude, 38% – warm, 25% – neutral.
In Kharkiv, the figures are 12%, 27% and 30%, respectively, in Odesa – 9%, 31%, 34%.
The attitude towards the Russian Federation among the residents of Zaporizhia is slightly worse: very warm – 8%, warm – 24%, neutral – 35%. In Mykolaiv, respectively, 8%, 19%, 32%, in Dnipro – 6%, 23%, 36%.
The worst attitude towards Russia is in Lviv. There, only 1% has a very warm and 3% warm attitude, 18% – neutral. Some 58% of residents are very cold and 17% are cold.
A similar situation is in Ivano-Frankivsk and Ternopil, where 50% are very cold towards Russia.
The survey was conducted in 24 regional centers of Ukraine, in non-occupied territories, including Mariupol and Severodonetsk in Donbas. The survey was conducted on the basis of a sample that included 19,196 respondents.
The study was conducted from May 12 to June 3, 2021 using face-to-face interviews at home with respondents.
The statistical error for each city does not exceed ± 3.5%. The attainability of the respondents averaged 65%.

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SEVERODONETSK AZOT RAISES PRODUCTION OF FERTILIZERS IN Q1

PrJSC Severodonetsk Azot, part of Group DF of businessman Dmytro Firtash, in January-March 2021 increased the production of mineral fertilizers by 47.4% compared to the same period in 2020, to 265,620 tonnes, according to the company’s press release published on Tuesday.
During this period, the production of ammonium nitrate decreased by 9.2%, to 141,610 tonnes, urea increased by 3.7 times, to 119,600 tonnes, urea-ammonium nitrate (UAN) by 4.6 times, to 17,400 tonnes, and the production of ammonia water decreased by almost 94.7%, to 150 tonnes.
In addition, the enterprise produced 147,810 tonnes of ammonia; 1,590 tonnes of liquid carbon dioxide and 20,170 cubic meters of medical oxygen in cylinders.
“We managed to increase the utilization of the company’s production capacities from 30% to 50%. Further growth of production volumes will depend on the level of demand for mineral fertilizers and on how the ICIT [Interdepartmental Commission on International Trade] resolves the issue of limiting imports of nitrogen fertilizers in Ukraine,” Board Chairman of Severodonetsk Azot Leonid Buhayov said.
He said that the enterprise will be able to continue to load workshops and increase production if imports are limited due to quotas.
In May 2020, Severodonetsk Azot restored the full production cycle, it began production of its own ammonia and the production of ammonium nitrate, urea, and urea-ammonium nitrate, which made it possible to load production capacities by about a third. According to the company, all concluded contracts are fully implemented, despite the special working conditions during the quarantine period. The enterprise said that some workshops had been idle for more than seven years due to hostilities in the region, lack of reliable power supply and damaged infrastructure.
PrJSC Severodonetsk Azot is one of the largest Ukrainian chemical enterprises. It has been part of Dmytro Firtash’s Group DF since 2011. The core business of the enterprise is the production of mineral nitrogen fertilizers.

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SEVERODONETSK AZOT RESUMES PRODUCTION OF LIQUID CARBON DIOXIDE

PrJSC Severodonetsk Azot has resumed production of liquid carbon dioxide, and its production capacities will allow shipping about 1,500 tonnes of marketable products per month, Group DF said in a press release.
The decision to expand the range of manufactured products due to liquid carbon dioxide, which is not part of the main product line, was made in order to increase the margin of the business.
Production of liquid carbon dioxide became possible after the restoration of the full production cycle at the enterprise and the start of ammonia production, the report said.
PrJSC Severodonetsk Azot is one of the largest Ukrainian chemical enterprises. It has been part of Group DF since 2011. Its core business is production of mineral nitrogen fertilizers.
According to the statements of the enterprise, in 2019 the company received UAH 6.091 billion of net profit against UAH 162.211 million of net loss in 2018. The company’s revenue increased by 2.3 times, to UAH 1.066 billion.

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SEVERODONETSK AZOT INCREASES MINERAL FERTILIZERS PRODUCTION 7.3 TIMES IN Q1

PrJSC Severodonetsk Azot, part of Dmytro Firtash’s Group DF nitrogen business, increased the production of mineral fertilizers 7.3 times in January-March 2020 compared to the same period in 2019, to 180,210 tonnes, the enterprise said in a press release. During the period, the production of ammonia nitrate amounted to 141,610 tonnes (6.3 times more), carbamide amounted to 32,030 tonnes, industrial aqueous ammonia was 2,810 tonnes (5.9 times more), urea-ammonium nitrate (UAN) was 3,760 tonnes (twice as much).
“This year, the enterprise is gradually gathering pace after the restoration of the full production cycle and the start of ammonia production in March. The increase in the production of own ammonia made it possible to raise the production of mineral fertilizers, namely, ammonia nitrate, urea, UAN. Ammonia nitrate together with UAN remain the most demanded products. On the other hand, this year there was low rainfall, little moisture, and we see how demand for aqueous ammonia and urea is increasing,” the company said in the statement, citing chairman of the board Leonid Buhayev.
The company also said it is currently recovering, despite the special working conditions during the period of quarantine measures. All concluded agreements are fully implemented.
PrJSC Severodonetsk Azot is one of the largest Ukrainian chemical enterprises. It has been part of Group DF since 2011. The core business of the enterprise is production of mineral nitrogen fertilizers.

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