Group DF - international group of the companies, major investments are concentrated in the nitrogen, titanium and gas businesses.
OSTCHEM’s press office informs that OSTCHEM holding and Gazprombank have rounded off negotiations concerning settlement of disputes on debt repayment of USD 842.5 million. As a result of the agreement, shareholding structure of all the OSTCHEM’s enterprises has not changed. OSTCHEM confirms publicly that it will completely ensure fulfilment of all the contract obligations to Ukrainian and international clients.
Projects of three Group DF's enterprises – Azot PJSC (Cherkasy), Crimean Soda Plant PJSC, Crimea TITAN PrJSC – have been recognized as the most effective among companies’ energy saving projects, according to survey of Ernst & Young.
OSTCHEM holding made a decision to modernize the A-5 ammonia production shop at Azot (Cherkasy, Ukraine). The implementation of large investment project will cost the plant UAH 165 million and will allow saving about 7.5 million m3 of natural gas per year.
Nadra Bank increases authorized capital by UAH 5.5 billion through private placement of additional shares with existing nominal value by additional payments. This decision was adopted by bank’s shareholders at the extraordinary General meeting which took place in Kyiv on November 19, 2014.
Launching of new hydrogen evolution unit in ammonia shop-2 will allow the enterprise to produce additionally 13,000 tonnes of ammonia per year.
OSTCHEM Chemical Holding (consolidating Group DF’s fertilizer business) has become one of the partners in ‘STEM: Professions of the Future’, a pilot European project. The project aims to promote engineering and technical specialties and help Ukrainian high school students to choose their future profession.
Nika Tera sea terminal (SSP Nika-Tera LLC, a part of Group DF) handled 3 250,200 tons of cargo for the first three quarters of 2014.
Rivne Azot, part of OSTCHEM holding (consolidating Group DF’s fertilizer business), launched a new non-concentrated nitric acid production unit.
Group DF considers it necessary to comment questionable statements of politicians within their election campaign about lease of Irshansk and Volnogorsk complexes and Crimea TITAN profit for their use.