Ukravit, a large Ukraine producer of crop protection agents and micronutrient fertilizers boosted production in 2019 by 25%, to 11,000 tonnes. The company told Interfax-Ukraine last week that its share of the Ukrainian crop protection agents and micronutrient fertilizers market in 2019 was around 10%. The company said that this year, Ukravit launched the seventh production facility in Cherkasy with an area of 1,300 square meters, which allowed to increase production by 1,100 tonnes compared to 2018, to 11,000 tonnes. Investment in the project exceeded $3 million.
According to the report, in 2019, the company also began to switch to direct sales and currently has 12 regional sales offices throughout Ukraine.
In addition, Ukravit expands the workshop for the production of plastic containers and storage facilities, renews its fleet.
The company this year began the construction of a plant manufacturing crop protection agents and micronutrient fertilizers in Uzbekistan, but has not yet disclosed project details.
Ukravit was founded in 1999. It is engaged in production and sale of pesticides, fertilizers, means for destruction of rodents and household insects.
Generali OFE has increased its shareholding in the holding company of Ovostar Union, a leading egg producer in Ukraine, from 9.94% to 10.93% after the deal signed on October 3, 2019.
According to a report of Ovostar posted on the Warsaw Stock Exchange (WSE) on Tuesday, before increasing its share in the share capital, Generali OFE owned 596,509 shares of Ovostar Union, after – 655,909.
The holding company of the group is Ovostar Union N.V. In the middle of June 2011, it conducted an IPO for 25% of the shares on the WSE and raised $33.2 million. The majority stake in the company is owned by Prime One Capital Limited, which is controlled by its chief executive officer Borys Belikov and Board Chairman Vitaliy Veresenko.
Rubizhne cardboard packaging mill in Luhansk region, one of Ukraine’s largest cardboard packaging producers, produced 144 million square meters of corrugated cardboard boxes in January-July 2019, including goods from its subsidiary, Trypilsky packaging plant in Kyiv region, which was 1.1% down year-over-year.
In the seven months, the two enterprises demonstrated a slight increase in this indicator compared to the previous period of 2018.
The UkrPapir association said that the mills reduced production of components of corrugated cardboard (cardboard and fluting) by 20.5%, to nearly 100,000 tonnes, and cardboard output in general (including other types of this produce) fell by 23.6%, to 129,000 tonnes.
The total commodity amount produced by both enterprises in the period in monetary terms decreased by 15.7%, to UAH 2.669 billion.
According to UkrPapir association, cardboard packaging production in Ukraine in January-July 2019 fell by 2.7%, to 567.2 million square meters.
The Rubizhne cardboard packaging mill has been working on the packaging market since 1991. It produces components for corrugated cardboard (cardboard and fluting) and corrugated cardboard boxes. It also produces cardboard for gypsum boards.
Its most important customers are large confectioneries, juice and tobacco producers.
The Rubizhne cardboard packaging mill acquired Trypilsky packaging plant in 2002 and subsequently began producing corrugated cardboard and corrugated packaging.
In 2018, they produced 257.53 million square meters of corrugated cardboard boxes, which was 13.6% up on 2017.
Public joint-stock company Slovianski Shpalery-KFTB (previously Koriukivka industrial paper factory in Chernihiv region), one of the Ukrainian major wallpaper producers, in January-July 2019 produced 20.47 million conventional sheets of wallpaper, which was 33% up from a year ago, according to the UkrPapir association.
Through the seven months of 2019, the growth was 29.2% year-over-year, when a 13.4% fall was registered in Q1, 2019.
According to the association, over the period wallpaper production in Ukraine totaled 32.21 million conventional sheets of wallpaper, which was 44.6% less than in January-July 2018.
The share of Slovianski Shpalery-KFTB of total wallpaper production over this period was almost 63.6% up, while a year ago it was 26.5%.
In monetary terms, the volume of commodity products of the plant for January-July 2019 was UAH 1.107 billion that is 42% more than a previous year.
Slovianski Shpalery-KFTB produces several kinds of wallpaper, including washable, duplex, vinyl and acrylic wallpaper. It sells over 2,500 designs under the Slovianski Shpalery trademark.
The Agrofusion Group, a large tomato paste and industrial tomato producer in Ukraine, plans to plant and process 740,000 tonnes of tomatoes in 2019.
According to a press release available on the group’s website, season of tomato harvest gathering and processing began. The season will last until early October.
“Unfavorable weather conditions shifted a start of the season on a week. Now the weather is preferable for ripening and fruit quality. Tomatoes have good structure and color,” the company said.
Agrofusion is a vertically integrated group of companies for production of tomato paste (the Inagro brand) in Ukraine.
Agrofusion Group, founded in 2005, belongs to businessman Serhiy Sypko.
Agrofusion includes three tomato paste production plants with the processing capacity of about 750,000 tonnes of tomatoes per season, as well as farms in Kherson and Mykolaiv regions, processing 25,000 hectares of irrigated land, and two greenhouse farms.
Ovostar Union, one of the leading producers of eggs in Ukraine, in January-June 2019 reduced sales of eggs by 10.2%, to 610 million units due to a significant reduction in trade operations.
According to the company’s report posted on the website of the Warsaw Stock Exchange, the company produced 782 million eggs against 787 million units for the same period last year.
Exports grew by 14%, to 335 million eggs, thus, the share of export in the total structure of sales is estimated at 55%.
The group of companies said that the average price of eggs fell by 8.7%, to $0.063/piece compared to the same period in 2018.
As of June 30, 2019, the total number of hens at the holding was 7.6 million, which is 2.7% more than on the same date in 2018. The number of laying hens increased by 4.8%, to 6.5 million.
According to Ovostar Union, the volume of egg processing in January-June of the current year grew by 5%, to 293 million units. Production of liquid egg goods during this period rose by 19%, to 7,210 tonnes, dry egg products decreased by 8%, to 1,530 tonnes.