Russia: Electrozinc output up in H1 2018

In January-June Electrozinc fulfilled zinc manufacturing plan by 101.5%. According to preliminary data, sales are expected on the level of 2863 million rubles, up from 2507 million rubles in H1 2017, and net income – 330 million rubles (252.388 million rubles). Payments to all budgets will reach 564 million rubles. In H1 the company produced…

Russia: UGMK increases purchases from UMZ

Uralmashzavod will supply the sixth EKG-18 excavator to Kuzbassrazrezugol, a part of UGMK. Since the beginning of the year the company has already received 3 excavators. Assembly of the two of them has begun. 3 more machines will have been supplied by the end of the year. EKG-18 is one of the most sought after…

Russia: Arkonik SMZ to increase output

The chairman of the Samara region Dmitriy Azarov has visited Arkonik SMZ, the largest manufacturer of aluminum semi-finished products in Russia. The company manufactures unique products – light-alloyed drilling pipes, parts for the newest Russian aircraft MS-21, as well as the first in Russia aluminum hoppers and bridges. In 2016 the company underwent modernization, the…

Russia: MMK launches new sludge enrichment plant

A new plant for the enrichment of sludge at sludge depository No. 2 has been launched at PJSC Magnitogorsk Iron and Steel Works’ (MMK) ore-dressing workshop. This will allow the company to increase the share of its own iron ore materials in sinter production’s burden, but also to significantly decrease its industrial impact on the…

Ukraine: ULK gets new CEO

Alexander Zakharov, ex-director of the tool-mechanical shop of the Non-Ferrous Metals Processing Works, has been appointed the CEO of the Ukrainian Casting Company LLC. Zakharov has replaced Valeriy Kotikov, who has been chairing the company since June 2015. The new director sees the priority in the increase of output to 120 tons of castings per…