Residents of the Sumgait Chemical Industrial Park (SCIP) will start production in 2017-2018, Azerbaijan’s Deputy Economy Minister Niyazi Safarov reported. Safarov said that one of SCIP’s biggest residents SOCAR Polymer would begin test production in the second half of 2017 and would reach its full production capacity in 2018. The creation of industrial zones is…
Public joint-stock company Ukrnafta saw 427 million UAH of net profit in January-September, down by 89.5% YoY, the company has said in a report. According to Board Chairman Mark Rollins, the indicator for January-September should be revised for the correct calculation of the profit pace. The cross clearing transaction is to be taken into account;…
Zhitkovichikhimservis 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,…
Ukraine’s biggest pharmaceutical company Indar plans to build a medicine plant in Azerbaijan, Ukrainian Ambassador to Azerbaijan Alexander Mishchenko said. He made the remarks on October 20,during a tourism forum in Baku. Mishchenko noted that the company was in negotiations in Azerbaijan and the share in the enterprise would be divided 50-50. (Trend/Business World Magazine)
In October Belarusian Potash Company and OAO Belaruskali shipped potassium chloride to Australia by sea in bulk for the first time ever, the press service of Belarusian Potash Company reported. The vessel with Belarusian potash on board was inspected and okayed by the Australian quarantine service, thus confirming that all the steps – from manufacturing…
Belarusian Potash Company (BPC) shipped 42,190 tons of potash fertilizers to Ukraine in January-August, up by 31% YoY. Potash export proceeds from Ukraine-bound shipments grew by 16.7% YoY to $18.1 million. As previously reported, BPC opened an affiliated company in Ukraine. BPC’s Agrorozkvit (literally stands for AgroRenaissance) started operating in Ukraine in October. Established in…
Belarus and India are working hard to advance cooperation in pharmaceutics, the Chairman of the Council of the Republic of the National Assembly of Belarus Mikhail Myasnikovich reported. The senator took part in the festivities timed to the opening of a research center of the pharmaceutical company SOOO Nativita in Beshenkovichi, Vitebsk region. Speaking about…