Rivne Azot increased its sales of products by 40.26% in 2014
Rivne Azot PJSC, a part of OSTCHEM holding (consolidating Group DF’s fertilizer business), increased sales of final products by 40.26% compared to previous year. Thus, the plant’s sales of basic products (works and services) amounted to over UAH 2.58 billion last year which is UAH 741 million more than in 2013.
Ostchem has settled debt repayment issue with Gazprombank
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 Group DF’s enterprises entered into the list of 60 most successful energy saving projects in CIS
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.
Cherkasy Azot launches new project on modernization of ammonia production
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
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.
Rivne Azot increases ammonia production capacities
OSTCHEM supports a training programme for young chemical engineers in Ukraine
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 terminal increased cargo transhipment by 32.9% for the first nine months of 2014
Rivne Azot put into operation new non-concentrated nitric acid production unit