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# Odessa Port Plant shows a net loss

Publication Date: 2020-08-17T07:00:22-04:00
Last Updated: 2020-08-16T21:58:17-04:00

Author: Dmitry Savinsky (https://www.fertilizerdaily.com/author/dsavinsky/)

Categories: [Corporate](https://www.fertilizerdaily.com/corporate/), [Markets](https://www.fertilizerdaily.com/markets/)

![Odessa Port Plant shows a net loss](https://www.fertilizerdaily.com/wp-content/uploads/2020/08/1cec7ad0ecb4b0477a44fc58063098db.jpeg)

Profitability is over.

In the first half of this year, Odessa Port Plant (OPP) incurred a loss of $43.3 million versus its net profit of $17 million for the compared period last year.

The enterprise had stagnated since April 2018 and resumed its operation in August 2019, starting to receive natural gas from Agro Gas Trading.

Odessa Port Plant is one of the most powerful chemical enterprises in Ukraine. It can produce more than a million tons of ammonia and 600 thousand tons of carbamide per year.

Tags: [nitrogen fertilizer](https://www.fertilizerdaily.com/tag/nitrogen-fertilizer/), [Odessa Port Plant](https://www.fertilizerdaily.com/tag/odessa-port-plant/), [Ukraine](https://www.fertilizerdaily.com/tag/ukraine/)

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