Business news from Ukraine

ARCELORMITTAL KRYVYI RIH BUYS FOUR CZECH DIESEL LOCOMOTIVES

The Mining and Metallurgical Combine PJSC ArcelorMittal Kryvyi Rih has signed a contract with OTP Leasing financial support for purchase of four locomotives of CZ Loko based in Czech Republic. According to a press release from ArcelorMittal, the enterprise will receive diesel locomotives of an EffiShunter 1600 worth EUR 9 million in 2020.
OTP Leasing Director Andriy Pavlushyn said that the company had thoroughly prepared the given project with ArcelorMittal team and Czeck colleagues from CZ Loko.
“We are glad that the bargain was successful. For us this is a first step towards this direction: in financing operations with the locomotives, which together with our mobile and farm machineries, trucks and vans will enrich a portfolio of the main products of the company,” a press service quotes Pavlushyn as saying.
For his part, ArcelorMittal Transport Department Director Oleksiy Rybalkin said that the combine would be the first enterprise in Ukraine that will use Czech locomotives of the new generation.
Diesel locomotive EffiShunter 1600 is intended for shunting and line service. The locomotive is equipped with alternating/direct current power transmission (AC/DC) from the diesel engine to six powered wheelsets. Parameters of the vehicle are optimized for station shunting and for heavy operation on industrial sidings, e.g. in metallurgical, mining and petrochemical sectors, and for the line service.
CZ Loko is one of the largest Czech manufacturers of diesel-electric locomotives and special railway vehicles.

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ARCELORMITTAL OPENS NEW DEPOT FOR STEEL PRODUCTS IN UKRAINE

The Mining and Metallurgical Combine PJSC ArcelorMittal Kryvyi Rih (Dnipropetrovsk region) has opened a new metalware storage facility in Dnipro city with a loading capacity of 5,000 tonnes per month.
The new facility has a total area of 8,000 square meters and both indoor and outdoor storage yards, three cranes with carrying capacity up to 15,000-20,000 tonnes and its own railway spur. It can store up to 10,000 tonnes of steel products, the enterprise reported in its press release. The depot can provide services for motor vehicles as well.
As regional sales manager at ArcelorMittal Yevhen Chumachenko said, now the distribution network of the enterprise comprises nine storage facilities, two of which are in Kyiv and Lviv (two in each city), Kryvyi Rih, Odesa, Kharkiv, Ternopil and Dnipro.
Besides, according to him, the depot in Dnipro will serve as a logistic center for the certain districts of central, south and eastern Ukraine.
ArcelorMittal Kryvyi Rih is the largest rolled steel producer of in Ukraine.

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ARCELORMITTAL KRYVYI RIH CONDUCTS PRESS CONFERENCE IN KYIV

On Tuesday, July 23, at 16.00, the press center of the Interfax-Ukraine news agency will host a press conference entitled “ArcelorMittal Kryvyi Rih on Radiation Measurements and SBU’s version.” Participants include: Acting Chief Executive Officer of PJSC ArcelorMittal Kryvyi Rih Aleksandr Ivanov and General Legal Counsel of PJSC ArcelorMittal Kryvyi Rih Artyom Filipyev (8/5a Reitarska Street). Journalists must be accredited by phone: +38 067 639 8495.

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ZELENSKY CRITICIZES ARCELORMITTAL KRYVY RIH FOR ENVIRONMENTAL POLICY

President of Ukraine Volodymyr Zelensky has criticized the Mining and Metallurgical Combine PJSC ArcelorMittal Kryvyi Rih (Dnipropetrovsk region) for failing to fulfill its commitments to improve the environmental situation in the region and urged to provide targeted financial support to people affected by harmful emissions into the atmosphere.
“If this program has been postponed for five years and not agreed with the citizens, I would like to ask you if you can consider some financial compensation for residents of Kryvy Rih, who have suffered for five years, to help them with treatment? I think that the municipality can help us find a list of people who, unfortunately, fell ill with cancer over the years,” he said at a meeting on the environmental situation in Kryvy Rih and Dnipropetrovsk region in Kryvy Rih on Friday.
According to Zelensky, over the past five years, an average of 25,000 people have appeared in Kryvy Rih, who have had cancer in one form or another.

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ARCELORMITTAL KRYVYI RIH SIGNS $30 MLN CONTRACT WITH CHINA’S CISDI TO MODERNIZE LARGEST BLAST FURNACE

PJSC ArcelorMittal Kryvyi Rih (Dnipropetrovsk region) has signed an agreement worth almost $30 million with the Chinese company CISDI for the modernization of the largest blast furnace (No. 9).
According to a press release of the company, the contract includes the development of engineering, the supply of basic equipment, its installation, supervision and training of the metallurgical plant’s personnel.
It is noted that the company has four blast furnaces, of which DP-9 is the largest one, its useful volume exceeds 5,000 cubic meters. It produces about half of all pig iron at the steel plant and is still considered one of the largest in Europe.
The modernization of the furnace will increase its productivity to 10,000 tonnes of pig iron per day using the existing raw materials and up to 12,000 tonnes using sinter and pellets. ArcelorMittal Kryvyi Rih plans to produce pellets after the construction of a pelletizing plant (the declared capacity is 4.5-5 million tonnes per year). Both projects are the key ones in the enterprise’s investment program for the renovation and construction of production facilities.

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ARCELORMITTAL INVESTS OVER UAH 600 MLN IN ENVIRONMENT PROTECTION IN UKRAINE

ArcelorMittal Kryvyi Rih (Dnipropetrovsk region) in 2018 invested over UAH 600 million in environment protection.
According to the company’s press release, environmental measures allow the company to comply with environmental regulations established by law.
At the same time, the press service said that the company annually allocates funds for the implementation of major investment projects, as well as for the repair of fixed assets related to environmental protection. The repairs help to maintain equipment in working condition and not to increase the burden on the environment.
Thus, in 2018, in the metallurgical production units, repairs were made to gas treatment plants of sintering machines No. 1 and No. 5, twin-steel steel-making unit No. 6, converter No. 3. Also, repair work was done on power equipment (combined heat and power plant three, cooling towers, and water lines).
In the mining department in 2018, the modernization of the crushing and ore-dressing plants was actively carried out: the gas-cleaning equipment was reconstructed, slurry pipelines were repaired and pump units were replaced in the slurry workshop. Last year, the company carried out startup works to launch new aspiration units of sections Nos. 4, 5, 6 of the ore-dressing plant No. 1.
In addition, ArcelorMittal Kryvyi Rih, when implementing large-scale investment projects, introduces the best available technologies, thanks to which it is possible to gradually reduce the burden on the environment. Major investment projects include the reconstruction of coke-oven batteries Nos. 5 and 6 using a set of environmental measures and an automated environmental monitoring system, the modernization of the sinter shop No. 2, the construction of two new machines for continuous casting of billets and new gas treatment plants and the introduction of an automated eco-monitoring system, reconstruction of ore-dressing plants of the mining department, peak boiler house, tailing dumps and other projects.
From 2006 to 2018, the enterprise invested UAH 6.2 billion in the environment, over 120 gas treatment plants were reconstructed and built, thereby achieving national standards.

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