In January-September the state enterprise United Mining and Chemical Company increased its net profits 2.8 times YoY, or by 427.9 million UAH, to 666 million UAH. “This has been achieved by increasing sales in the period”, the company CEO Alexander Gladushko said. Even though world ilmenite, rutile and zircon prices haven’t increased, Volnogorsk Mining and…
The state enterprise United Mining and Chemical Company has announced a tender for the delivery of 7.1 million cubic meters of gas in 2017 for Irshansk Mining and Processing Works. The tender was announced on November 16, and the company awaits offers by December 19. The projected sum of the purchase is 63.9 million UAH…
The state enterprise United Mining and Chemical Company estimates its investments into the acquisition of assets since September 2014 at 300 million UAH. According to the company statement, 182 million UAH was spent to buy equipment for Volnogorsk Mining and Processing Works, with some 112 million UAH – for Irshansk Mining and Processing Works. In…
In January-June the United Mining and Chemical Company produced 137.12 thousand tons of ilmenite, up by 2% YoY. According to the company CEO Alexander Gladushko, such a small increase can be explained by the crisis on the world market of titanium-containing raw materials. “The demand for the raw materials in the world is still low,…
In the first quarter United Mining and Chemical Company received 177.3 million UAH of pre-tax profits, with net income exceeding 400 million UAH. Net profits reached 144 million UAH, with EBITDA at 168.9 million UAH. In the first quarter of 2015 the company net income totaled 215 million UAH, with net profits at 44.9 million…
The state enterprise United Mining and Chemical Company goes on exporting its products via Bollwerk Finanzierungs-und Industriemanagement AG, according to the data of ilmenite and titanium concentrate exports at Ukrainian ports. In particular, Bollwerk is the supplier of UMCC products in the ports of Odessa and Ismail. In January-April UMCC exported 14 thousand tons of…
In 2015 United Mining and Chemical Company received 632 million UAH of net profits.
The state enterprise United Mining and Chemical Company will become a joint-stock company.