14:22 01.11.2018

Russia places Firtash, Kolomoisky's nitrogen enterprises, Sumykhimprom, titanium enterprises on sanction list

1 min read
Russia places Firtash, Kolomoisky's nitrogen enterprises, Sumykhimprom, titanium enterprises on sanction list

PJSC Azot (Cherkasy), PrJSC Rivneazot, PrJSC UkrAgro NPK (distribution of mineral fertilizers) of Dmytro Firtash, PJSC Dniproazot of Ihor Kolomoisky, state-run PJSC Sumykhimprom have been placed to the list of legal entities against which the Russian government imposed sanctions.

Along with producers of nitrogen fertilizers, the list also includes enterprises involved in titanium production. Along with Sumykhimprom, the list includes PSC United Mining-Chemical Company, its branches Vilnohirsk Mining and Metallurgical Combine (Dnipropetrovsk region) and Irshansk Mining and Processing Combine (Zhytomyr region), as well as Mezhyrichensk Mining and Concentration Complex LLC and Valki Ilmenite LLC.

As reported, Ukraine in 2017 increased exports of titanium-containing ores and concentrate in kind by 26% compared with 2016, to 583,772 tonnes, in monetary terms - by 25.3%, to $105.235 million. The main exports were to the Czech Republic (16.87% of supplies in monetary terms), the United States (15.46%) and Turkey (14.68%).

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