PJSC “Sumy Machine Building Science-and-Production Association” signed a contract with a domestic company “Ukrnafta” for the supply of regeneration-evaporation column K-2. According to Sergei Antykov, the senior sales manager for equipment of chemical plants, this is a typical product of Sumy engineers. “The equipment specified by the agreement is designed for ethylene glycol from the…
DetailsCommissioning of a new oil terminal with a capacity of 540.000 tons near Turkmenistan’s border with Afghanistan, anticipated in the nearest future, will allow Turkmenistan to increase exports of oil products, said the message of Turkmen Oil and Gas Complex. According to the message, Turkmenneftegazstroy state oil and gas construction concern is finishing the construction…
DetailsMore than 1.50 million tons of raw cotton have been collected in Turkmenistan, the Turkmen government said in a message. According to the message, the total area of land allotted for cotton is 545,000 hectares. The country’s farmers continue to pick cotton and the picked cotton is delivered to the cotton processing enterprises. Cotton is…
DetailsConstruction of the Turkmen section of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline is conducted at an accelerated pace, the Turkmen government said. A report on the progress of the construction was presented at the enlarged meeting of the country’s Cabinet of Ministers on the results of the nine months of 2016. “We are taking effective steps…
DetailsAir Arabia, a low-cost airline of the UAE, is opening direct Sharjah-Baku flights. The launch of flights is a result of joint cooperation between Air Arabia, Azerbaijan Airlines CJSC and the authorities, and is aimed at the development of a new route linking Baku and Sharjah. Air Arabia will start flights from Sharjah International Airport…
DetailsForty-five water reservoirs in Kazakhstan are in a dangerous condition and require repairs, Kazakh Agriculture Ministry has said. In total there are 309 water reservoirs in Kazakhstan. The state owns 83 of them. Regional municipalities own 191 reservoirs and 35 reservoirs are privately owned. The biggest reservoirs in Kazakhstan are Bukhtarma reservoir in the east…
DetailsThe forecasts say that the real GDP growth in Kyrgyzstan will be 2.9% in 2017, country’s Prime Minister Sooronbay Jeenbekov has said. The Prime Minister noted that the risks which could affect the GDP growth in 2017 were instability of the global economy, dependence of the economy on world prices for gold and energy resources,…
DetailsAzerbaijan’s Prime Minister Artur Rasizade has met President of Venezuela Nicolas Maduro. Rasizade said Azerbaijani-Venezuelan relations were at a good level, adding that both countries supported each other within international organizations. The Prime Minister said there was good potential for boosting economic ties between the two countries and stressed the importance of increasing efforts for…
DetailsZhitkovichikhimservis Company, which implements a pilot project to produce highly efficient organic fertilizers through advanced sapropel processing, has received modern equipment for sapropel processing. The equipment transfer was facilitated in the framework of the Green Economy Project run by the European Union and the UNDP. The equipment transferred during a special ceremony on October 20,…
DetailsUkraine will build its own centralized spent nuclear fuel storage facility and from 2017 the country will not remove spent nuclear fuel for temporary storage to Russia, Ukrainian Energy and Coal Industry Minister Ihor Nasalyk has said. “I want to thank the Verkhovna Rada that we have settled the issue of building the dry spent…
DetailsUkraine’s state railway transport administration Ukrainian Railways has blocked entrance and transit through the country to tank wagons of some Russian railway operators, including Sberbank Leasing and SG-Trans, according to the letter of Ukrainian Railways. Besides tank wagons of Sberbank Leasing and SG-Trans, Ukrainian Railways blocked entrance and transit of all cargoes and empty tank…
DetailsAs of October 1, agricultural enterprises and grain storage and processing enterprises of Ukraine stocked 24.87 million tons of grains and sunflower seed, down by 897 thousand tons YoY, the State Statistics Service of Ukraine declared. In particular, the carry-over stocks of wheat reached 14.477 million tons, corn for grain – 3.99 million tons, barley…
DetailsOn October 17-23, Ukraine exported nearly 1 million tons of grains from the seaports, against 506 thousand tons on the previous week.
In particular, wheat shipments reached 544 thousand tons, barley – 142.6 thousand tons, and corn – 320.1 thousand tons. (APK-Inform/Business World Magazine)
Vegetables, fruit, and milk in Ukraine are mainly produced by small farms. However, there are virtually no proper conditions for their functioning. This was stated by Raimund Jehle, the Regional Strategic Programs Coordinator for Europe and Central Asia of the UN Food and Agriculture Organization (FAO). “You will be surprised to know that 90% of…
DetailsDiamond output of Russian uncut diamond mining giant Alrosa fell by 6% YoY to 27.9 million carats in January-September due to lower output, the company said in a statement. Less sands from alluvial deposits were processed at the Nurba plant because of adjustment of the 2016 production plan; less ore was produced at the Aikhal…
DetailsNational joint-stock company Naftogaz Ukrainy plans to import 1.3-1.4 billion cubic meters (bcm) of gas from Europe in October, Naftogaz Board Chairman Andriy Kobolev has said. “Now we are importing the highest ever volumes of gas from Europe. For example, in October we expect that it would be 1.3-1.4 bcm”, he said. He said that…
DetailsNJSC Naftogaz Ukrainy from November 1, will raise the price of gas for industrial customers on a prepayment basis by 16.3% (by 1,037 UAH) to 7,380 UAH per 1,000 cubic meters (including VAT). According to a company press release, the said price is relevant for consumers buying gas in the amount of more than 50,000…
DetailsAccording to regional agricultural departments, as of October 21, agrarians harvested grains throughout 15.312 million ha, or 99.7% of the planned areas, the Ministry of Agriculture of the Republic of Kazakhstan declared. As of the reporting date, agrarians produced 23.521 million tons of grains, up by nearly 5.5 million tons YoY. The average yield totaled…
DetailsAs of October 1, the registered carry-over stocks of oilseeds in Kazakhstan totaled 562.4 thousand tons, including nearly 72 thousand tons in farming households, the Statistics Committee at the Ministry of National Economy of the Republic of Kazakhstan reported. In particular, sunflower seed stocks totaled 70.6 thousand tons, flaxseed – 243.4 thousand tons, soybeans –…
DetailsAccording to official data, as of October 17, grain crops had been threshed from 15.283 million ha, which was 99.5% of the plan. 23.442 MMT was harvested with the average yield of 1.53 MT/ha. On the same date of 2015, 17.775 MMT of grain had been harvested from 13.973 million ha with the average yield…
DetailsIn January-September NC Food Contract Corporation JSC supplied more than 186 thousand tons of grains to the CIS and non-CIS countries, the press-service of the corporation declared. In particular, the company exported over 82 thousand tons of grains to Iran, nearly 70 thousand tons to China, and over 34 thousand tons to Central Asia. (APK-Inform/Business…
DetailsIn January-August the import volumes of wheat to Azerbaijan totaled 953.6 thousand tons, up by 1.8% YoY, the State Statistical Committee of the Republic of Azerbaijan reported. According to the statistics figures, the general cost of imported wheat to the country totaled nearly $179 million (down by 17.2%). Also, in the reporting period Azerbaijan imported…
DetailsIndustrial production in Ukraine in September grew by 2% YoY, while in September the increase was 3.4% after the decline in July by 0.2% and in June by 3.4%, the State Statistics Service has reported. According to a new formula of data provision, the agency said that industrial production in September adjusted for the effect…
DetailsIn January-September water transport of Ukraine carried 4.8 million tons of cargo (up by 10.6% YoY), says State Statistics Committee of Ukraine. Cargo turnover decreased by 29.1% to 2,931.3 million ton-km. The increase was registered in all transport sectors, except the railway transport (down by 1.4% to 252.9 million ton). All types of transport carried…
DetailsThe Cabinet of Ministers of Ukraine has approved of the conditions of re-tender for the privatization of JSC Odessa Portside Plant. During consideration of the issue on the agenda Prime Minister Volodymyr Groysman said that he considered necessary to check whether there hadn’t been any violations during the formation of the starting price of the…
DetailsDCH Group owner and president Oleksandr Yaroslavsky plans to resume the work of Kharkiv Tractor Plant from the beginning of 2017. “I cannot now voice the exact timing of the resumption of the plant’s operations. We have all the levers for this. We have only to finish all our court cases. I hope next year…
DetailsDomestic market of sunseed was characterized by trading activity last week, raw material was available throughout the country. Average prices increased by 2-3% depending on the region and as of October 14, reached $364/MT. Slight decrease in demand was noted on rapeseed market, which caused the downward price adjustment. Thus, as of October 14, the…
DetailsDecrease in purchasing prices was seen on the domestic market of Bulgaria. Domestic prices for both milling and feed wheat were under the pressure of a huge grain supply on the market. At the same time, export prices for Bulgarian milling wheat with 11.5% protein strengthened by $1 due to high import demand from the…
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