Business news from Ukraine


6 September , 2021  

PrJSC United Mining and Chemical Company (UMCC), which manages Vilnohirsk Mining and Metallurgical Plant (Dnipropetrovsk region) and Irshansk Mining and Processing Plant (Zhytomyr region), significantly increased production indicators in August this year.
According to the company’s information on Monday, Vilnohirsk Mining and Metallurgical Plant last month fulfilled the planned targets for stripping by 111.7%, production by 111.5% and road transportation by 102.9%. At the same time, it is noted that the achieved production indicators are the highest since the beginning of the year.
The situation is similar with the implementation of the plan at Irshansk Mining: in August, the stripping plan was fulfilled by 123.3%, and production – by 100%.
“The increase in production indicators became possible thanks to restoration of the mining equipment fleet, reduction of technological downtime, reduction of equipment emergency stops and successful capital investments during the year,” the press release states.
In addition, it is reported that UMCC launched a large-scale social program in August. In order to reduce the organic matter pollution of surface waters supplied to a pumping and filtering station of a water supply shop of Vilnohirsk Mining for further treatment, in August the company began reconstruction of water intake facilities of the pumping station on the Dnipro River. This will provide the residents of Vilnohirsk and a number of settlements of Dnipropetrovsk region with high-quality drinking water.
The United Mining and Chemical Company began its actual activity in August 2014, when the government of Ukraine decided to transfer the property complexes of Vilnohirsk and Irshansk plants under its management.
UMCC sells its products to more than 30 countries of the world and is one of the world’s largest producers of titanium raw materials, occupying 4% of the world market. The main sales markets are the EU, China, Turkey, as well as the United States and African countries.