Ukraine: Naftogaz unbundling plan adopted

On July 1, the Cabinet of Ministers of Ukraine (the CMU) approved of a comprehensive plan for restructuring of national joint stock company “Naftogaz of Ukraine” in line with the new law “On the natural gas market” adopted by the Parliament on April 9, 2015. Naftogaz’s unbundling has been a key aspect of the Ukrainian…

Ukraine: oil crops conditions are good

Hot weather and irregular rains accompanied by hail and thunderstorms in some regions were observed during last ten days of June. In some districts of the southern and central regions, where rains were the most intense, the daily maximum precipitation amount was sometimes higher than two-week norm. The average daily air temperature was 20-28 C…

Tajikistan: over 380 thousand tons of grain harvested

As of July 7, Tajikistan harvested 386.7 thousand tons of grain, up by 90.9 thousand tons YoY, the Ministry of Agriculture declared.

In 2016 the general planted areas of grain in the country totaled 311.2 thousand ha. (APK-Inform/Business World Magazine)

Russia: palm oil imports to set a new record

In May palm oil purchases by Russian companies decreased to 55 KMT compared with the previous month (60.6 KMT in April). At the same time imports increased by 12.4 KMT compared to 42.6 KMT in May 2015. During nine months of the season 2015/2016 (September-May), palm imports to Russian Federation reached 708.4 KMT. It’s safe…

Russia: 9 million tons of grain harvested

As of July 7, Russian agrarians continued harvesting grain and pulses. Agrarians harvested grain crops throughout the areas of 2.2 million ha (1.4 million ha in 2015), and produced 9.6 million tons of grain, with the average yield of 4.33 t/ha (5.3 million tons with the yield of 3.81 t/ha in 2015), the Ministry of…

Russia: Novatek gas production up in H1 2016

Novatek’s natural gas production amounted to 33.8 billion cubic meters in the first half of 2016 and grew by 2.2% YoY, the Russian gas producer said. Production of liquid hydrocarbons (gas condensate and oil) surged by 51% to 6.3 million tons. Deethanized gas condensate processing surged by 17% YoY, to 6.3 million tons. Stable gas…

Russia: market share of drugs grows

The market share of Russian drugs rose from 24% to 28.5% in eighteen months, Russian Minister of Industry Denis Manturov said.

“The share of Russian drugs (on the pharmaceutical market) rose from 24% to 28.5% in eighteen months, while import fell by 8.5%”, the minister said. (TASS/Business World Magazine)

Russia: wheat exports-imports in January-May 2016

In January-May, Russia exported 8.33 million tons of wheat and meslin valued at $1.456 billion, declared the Federal Customs Service of Russia on July 8. According to the announcement, the major volumes of wheat were traditionally shipped to far abroad foreign countries – 8 million tons (at $1.4 billion). In the reporting period, wheat import…

Ukraine: agreements to complete two reactors of Khmelnitsky NPP reached

Ukraine’s program to stop importing gas envisages the increase in electricity generation, thanks to completion of two reactors of Khmelnitsky nuclear power plant (NPP) and construction of hydroelectric power plants (HPP), Ukrainian Energy and Coal Industry Minister Ihor Nasalyk said. “Agreements to complete two reactors of Khmelnitsky NPP have been reached. In addition, last week…

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China: Victrex 10 years at AITC

June marked 10 years since Victrex opened its Asia Innovation and Technology Centre (AITC) in Shanghai, a move that has brought the company and its customers together in close collaboration on product development. The successful approach of the AITC includes cooperative fast prototyping as well as design and process optimisation. Centred on PAEK-based solutions such…