The National Agency for Energy Regulation (ANRE) set new price ceilings for gasoline and diesel fuel. The new prices will be applied between October 19 and November 1. The price ceiling for a liter of gasoline coded 95 is 16.84 lei, up from 16.24 lei until now, while for a liter of diesel fuel is…
The Belarusian Potash Company (BPC) says it has opened an affiliated company in Ukraine. BPC’s Agrorozkvit (literally stands for AgroRenaissance) started operating in Ukraine in October. BPC refers to Ukraine as a country with developed agriculture and hopes to ensure maximum coverage of the country’s potash market with the help of Agrorozkvit led by Dmitry…
Enterprises run by the Belarusian state petrochemical concern Belneftekhim increased their export to Tatarstan by nearly 50% in January-August. Belneftekhim representatives met with the top executives of the Russian company Nizhnekamskneftekhim on October 17. The Russian company is one of the largest partners of the Belarusian petrochemical industry in Tatarstan. Upon the relevant instructions of…
Belarus’ chemical company OAO Grodno Azot manufactured Br961.8 million worth of chemical products ($502.785 million) in January-September, down by 0.7% YoY, the company said in an official report. OAO Grodno Azot’s nitrogen fertilizer output stood at 593,633 tons (in terms of 100% nitrogen) in January-September, down by 4.6% YoY; carbamide output decreased by 5.2% to…
Ukrainian pharmaceutical company Farmak plans to register its products in Malaysia by late 2018, Farmak Business Development Director Oleh Siarkevych reported. He said that first the company intended to bring its strategic products to new markets, in particular, insulin and Amizonum created by the company. In addition, the company plans to offer its ophthalmological portfolio…
The net profit of OAO SvetlogorskKhimvolokno (Svetlogorsk Chemical Fiber Plant) totaled Br22,000 in H1 2016, which makes an equivalent of $11,418, up by 10% YoY, according to the quarterly report released by the Finance Ministry’s Securities Department. SvetlogorskKhimvolokno’s revenues reached Br106.58 million in H1 2016 ($55.314 million), up by 18.5% YoY. The company’s only shareholder…
Azerbaijani investors aim to build a petrochemical plant in Turkey’s eastern province of Van province’s governor Rahmi Dogan reported. Dogan said that the new plant would use modern technologies and help open more than 100 new jobs. He also noted that liquefied natural gas (LNG) and other raw materials for the plant would be delivered…