Ostchem Holding AG is a holding group that unites a group of chemical enterprises that produce mineral fertilizers, organic acids, titanium dioxide, soda ash, liquid nitrogen and other chemical products. OSTCHEM Holding is part of Dmitry Firtash, a financial and industrial group of Group DF companies. The Group owns companies and enterprises in Eastern and Central Europe and Central Asia, including Ukraine , Estonia , Russia , Switzerland , Italy and Tajikistan .
| OSTCHEM HOLDING AG | |
|---|---|
 | |
| Type of | holding group |
| Base | 2004 |
| Location |  Ukraine  Tajikistan  Estonia |
| Key figures | Dmitry Firtash |
| Industry | chemical industry |
| Products | mineral fertilizers, organic acids, titanium dioxide, soda ash, Nitrogen fertilizers, technical oxygen |
| Turnover | $ 2 billion (2011) |
| Number of employees | 23,000 people |
| Site | |
Content
Structure
OSTCHEM includes the following companies [1] :
- Nitrogen ( Cherkasy , Ukraine),
- Concern Stirol ( Gorlovka , Ukraine),
- Severodonetsk Association Nitrogen ( Severodonetsk , Ukraine),
- Rivneazot ( Rivne , Ukraine),
- Nitrofert ( Kohtla-JΓ€rve , Estonia),
- Tajik Nitrogen ( Sarband , Tajikistan).
Activities
The chemical enterprises of the group produce and carry out international deliveries of mineral fertilizers, organic acids, liquid nitrogen, industrial oxygen and other products. Group DF owns a 90% stake in OSTCHEM Holding. The production of mineral fertilizers is one of the key business areas of the Dmitry Firtash Group DF group of companies. This direction was represented by the OSTCHEM holding company, which includes the assets of the group for the production and sale of mineral fertilizers with a total income of $ 2 billion, according to 2011 results.
Currently, OSTCHEM supplies 2.5% of the global consumption of calcium-ammonium nitrate (IAS) and 1.4% of the global consumption of urea-ammonia mixture (CAS). In addition to OSTCHEM, Group DF also produces ammophos at the Crimean Titan plant producing titanium dioxide.
OSTCHEM enterprises include Tajik Nitrogen , the leading producer of fertilizers in Central Asia, and Nitrofert, the only producer of ammonia and urea in Estonia . However, OSTCHEM's key manufacturing facilities are concentrated in Ukraine .
Ukraine
The company owns four Ukrainian enterprises producing nitrogen fertilizers: Concern Azot (Cherkasy) [2] , Concern Stirol (Gorlovka) [3] , Severodonetsk Azot [4] and Rovneazot (Rivne) [5] . OSTCHEM shows the highest growth rates of capital investments and production volumes among all chemical companies in Ukraine. [6]
Gas supplies
In the spring of 2011, Ostchem holding strengthened its position in Ukraine, having received the right to import Central Asian gas for chemical enterprises. In 2011, the company purchased gas from Turkmenistan, Uzbekistan and Kazakhstan, importing 4.8 billion cubic meters of fuel per year. But since 2012, Ostchem began to buy gas directly from Gazprom [7] . Ostchem, having squeezed out the state monopoly of Naftogaz Ukrainy, received special price conditions for the supply of gas According to sources, in January Naftogaz was the only importer of Russian gas to the country, including for Ostchem, having purchased 2.4 billion from Gazprom cubes. But since February 2013 the situation has changed. Naftogaz purchased only 0.4 billion cubic meters in Russia, and Ostchem - 2.4 billion, exceeding its quarterly requirements. [8] .
Notes
- β OSTCHEM HOLDING AG Archived on April 9, 2014.
- β Cherkasy PJSC "Nitrogen", part of Ostchem
- β Ostchem bought the Gorlovsky concern Stirol
- β Official site of SEVERODONETSK NITROGEN
- β www.azot.rv.ua/rus/ Official site of Rovnoazot
- β Center for Change. How the Ukrainian chemical industry is changing Archived on May 2, 2014.
- β Firtash sharply reduced gas imports
- β Ostchem