Ostchem factories substantially increased mineral fertilizer production in 2023
Ostchem's Ukrainian nitrogen plants saw a 19.5% year-on-year increase in fertilizer production, Group DF said.
Ostchem Ukraine
OSTCHEM is a part of Group DF owned by the Ukrainian businessman Dmitry Firtash. Fertilizers’ production is one Group DF core business. Today OSTCHEM enterprises produce about 3% of nitrogen fertilizers in the world. The group exports its products to over 100 countries. OSTCHEM distribution network covers all agriculture regions of Ukraine and thus agrarians may procure the fertilizers they need throughout the year. Key figure: Dmitry Firtash
Founded: 2004 | Number of employees: 23 000 человек
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Ostchem's Ukrainian nitrogen plants saw a 19.5% year-on-year increase in fertilizer production, Group DF said.
Ukraine's Group DF and South Korea's Hyundai Engineering intend to build new Group DF chemical plants and repair existing facilities.
Production increase challenged by swelling imports, as Ukrainian manufacturers attempt to navigate market complexities.
Farmers will receive loans on preferential terms.
The decision of the Antimonopoly Committee was declared illegal.
The decision of the Antimonopoly Committee wasn't implemented.