Electricity supplies to Zaporozhye Titanium and Magnesium Works have been decreased to the minimal level needed to prevent emergencies. This was the result of the company electricity debts of 193 million UAH as of February 1.
The State Property Fund of Ukraine has suggested to privatize Zaporozhye Titanium and Magnesium Works.
Zaporozhye Titanium and Magnesium Works, a part of Group DF, has chosen Titan Ukrainy (Kiev) as the supplier of 18.5 thousand tons of ilmenite concentrate in 2016.
In January-November Zaporozhye Titanium and Magnesium Works produced 7005 tons of spongy titanium, up by 12.2% YoY.
The institute of mining and chemical industry has started designing 3 production sections for the Zaporozhye Titanium and Magnesium Works, a part of Group DF.
Zaporozhye Titanium and Magnesium Works, a part of Group DF, intends to receive 41.7 million UAH of profits in 2015.
Zaporozhye Titanium and Magnesium Works, a part of Group DF, claims the state owes it 43.9 million UAH of VAT.
The state enterprise United Mining and Chemical Company has received a real control over Zaporozhye Titanium and Magnesium Works.