Avdiivka Coke and Chemical Works has reached the pre-war output levels. “All the shops are operating. The company has started employing engineers”, the President of Ukraine Petr Poroshenko declared. He added that people believed in the Ukraine authorities providing for free life in Avdiivka. “Avdiivka has also become a symbol of Ukrainian stability, efficiency and…
Avdiivka Coke and Chemical Works is on the verge of the being shut down because of the sulfuric acid shortage. “In 7 days we will completely run out of the sulfuric acid, the raw materials, without which our operation is impossible”, the company CEO Musa Magomedov wrote on his Facebook page. According to him, the…
Avdiivka Coke and Chemical Works underreceived another batch of coal, delivered by train. In June 2 the local police was informed that 1700 kg of coal disappeared from the cargo train. Earlier, on May 27 some 5 thousand tons of coal were stolen on the same route. Last year the police noted 112 thefts of…
Metinvest has modernized the railroad station “Uzlovaya-1” at the Avdiivka Coke and Chemical Works. Investments totaled 24 million UAH. Now the railroad switches and traffic lights along the entire route are managed in automatic mode. With the help of the computer with a large display a person on duty at the station monitors all the…
Rinat Akhmetov, the owner of Avdiivka Coke and Chemical Works, has started the procedure of squeeze out of the company shares, having estimated the price of the plant at its annual profit. In particular, Barlenco Ltd. (Cyprus) has sent out an irrevocable claim to buy out shares from all the owners of the company stakes.…
In 2017 Avdiivka Coke and Chemical Works increased net income 2.1-fold YoY, to 24.899 billion UAH. According to the company statement, its net profit grew 3.52-fold, to 2.850 billion UAH. Undistributed profit as of late 2017 totaled 7.015 billion UAH. Last year the company produced 2.628 million tons of blast furnace coke, up from 2.397…
In 2017 Avdiivka Coke and Chemical Works increased net profits 3.52-fold, to 2.851 billion UAH. According to the company statement, its undistributed profits as of late 2017 totaled 7.16 billion UAH. The company current liabilities grew by 21%, to 12.925 billion UAH, fixed liabilities – by 7%, to 874.15 million UAH, and consolidated accounts receivable…
In January-February Avdiivka Coke and Chemical Works increased output 2-fold. According to the company CEO Musa Magomedov, at the same time in February the city of Avdiivka was on the brink of humanitarian catastrophe. “Because of the problems with electricity supply we had to shut down two coking shops to provide the city with heating”,…
Private limited company Metinvest B. V. has increased its share in Avdiivka Coke and Chemical Works from 87.7581% to 94.6003%.
The company bought the shares on the secondary market.
The Metinvest B. V. share in the voting shares of the company totaled 95.1176%.
The Avdiivka Works charter capital is 485.75 million UAH. (Ukrainian metal)
Avdiivka Coke and Chemical Works has received a new tar separator.
The machine removes resinous substances from the water that cools coking gas.
At the moment the company is laying the foundation for the machine and purchasing metal structures.
The commissioning of the tar separator is scheduled for summer. (Ukrainian metal)
Avdiivka Coke and Chemical Works is constructing a tube-type furnace to heat pitch in the coal pitch processing shop. In order to protect the construction site from weather, it has been covered with a special thermal cloth. Fan heaters keep the temperature inside at plus 14 degrees C. The framework has already been assembled, the…
As the result of artillery shelling Avdiivka Coke and Chemical Works has been cut off of railroad. “The electricity line of Ocheretino-Avdiivka has been damaged, as well as the contact-wire network of the railroad”, the company CEO Musa Magomedov wrote on his Facebook page. According to him, the company energy engineers are examining the damaged…
Avdiivka Coke and Chemical Works is repairing furnaces. In May after 3 years of forced idleness the eighth battery resumed coke manufacture. But because of frequent halts and the temperature falls refractory lining at some furnaces has been destroyed. According to the company CEO Musa Magomedov, because of the military activities, the works had to…
The coal-preparing shop No. 2 of Avdiivka Coke and Chemical Works decreased electricity consumption by 90 thousand kW this year. The shop operates two powerful magnets, which remove metal particles from the charge. They are hung on the cranes over the conveyer belt and constantly consume electricity. The works has developed the scheme to switch…
Avdiivka Coke and Chemical Works has started repairing one of its three thawing garages. According to the company statement, in winter it has difficulties unloading frozen coal from trains. Thawing garages help solve this problem. The repaired garage in severe cold could accommodate up to 30 train cars with coal for thawing and prepare coal…
Avdiivka Coke and Chemical Works has begun the capital repair of the sulfur acid mill in the desulfurization shop No. 2. According to the company statement, this will make the manufacturing process environmentally cleaner and allow increasing product quality and output. Investments in the reconstruction will amount to 31 million UAH. The Haldor Topose machine…
In October Avdiivka Coke and Chemical Works found two cases of lack of coal supplied to it. On October 1 a cargo train No. 3504 en route Udachnoye – Avdiivka brought 1800 kg of coal less. And on October 4, three wagons of the train No. 3104 en route Pokrovsk – Avdiivka were 5600 kg…
Avdiivka Coke and Chemical Works has transferred 29 million UAH to the city budget. This is half of the cost of Ocheretino – Avdiivka gas pipeline construction. “We have kept one of our promises to the citizens of Avdiivka – we have transferred money for the construction of the gas pipeline”, the company CEO Musa…
Avdiivka Coke and Chemical Works had to decrease output because of the untimely delivery of coking coals from seaports via railroad. “We are fighting for our competitiveness. We had sleepless nights to reach pre-war output levels last month – 270 thousand tons. But no we have to decrease output because Ukrzaliznytsia has not brought coal…
Despite being situated in the military activity zone, Avdiivka Coke and Chemical Works is modernizing its capacities. In particular, the company is constructing the crude benzol storage and a new tube-type furnace, modernizing the railroad network and the coke shop No. 4. This year the company intends to start a new environment project to stop…
Avdiivka Coke and Chemical Works is carrying out a modernization project. The company intends to get a smart coking battery. At present Avdiivka Coke is modernizing its coke shop No. 4, integrating an automated system of technological processes management. Now computers will monitor all the indexes. The documents, that had to be entered manually, will…
Avdiivka Coke and Chemical Works, the largest by-product chemical plant in Europe, is worried about the plans of Ukrzaliznytsia to increase railroad transportation tariffs by 22.5%, as this will increase the prime cost of the products and could affect output level. “I’ve learned of the Infrastructure Ministry decree on another railroad tariff increase by 22.5%.…
Avdiivka Coke and Chemical Works has started constructing a new tube-type furnace to heat coal pitch. According to the company statement, the object will remove failures in the whole coal pitch processing shop operation. Investments total 38 million UAH. At present the works operates 2 tube-type furnaces. They have been working long and need to…