August 22, 2014 23:53
Yenakiyeve Metallurgy Plant seriously damaged by shellfire in Donetsk region
KYIV. Aug 22 (Interfax) - The Yenakiyeve Metallurgy Plant in the Donetsk region affiliated with the Metinvest group suffered significant damage after being shelled; in particular, its lime kiln and fire resistant facilities have been brought out of operation, and significant damage has been caused to the converter and utilities plants and the railway transport department.
Metinvest reported in a press release on Friday that the shelling caused no fatalities.
"The principal production facilities and a significant amount of communication facilities were damaged as the Yenakiyeve Metallurgy Plant came under artillery fire yesterday," it said.
Preliminary estimates show that the lime kiln and fire resistant facilities would require a complete overhaul. The water conditioning unit for the continuous casting machine in the converter plant has been seriously damaged. The cooling tower's irrigation systems and coating have been destroyed, and electric filters in the ventilation section have been damaged. Some rail tracks, a front-end bucket loader, and a track machine have been destroyed as well. Some auxiliary facilities have also been damaged.
"The situation at the metallurgy plant is difficult, but its management and specialists supported by the Metinvest group management are maintaining the plant in operational condition," the Yenakiyeve Metallurgy Plant's press service quoted its General Director Alexander Podkorytov as saying.
The plant's stoppage is a blow not only to the city of Yenakiyeve, as its contribution to the city budget reaches 25%, but also to budgets of other levels, he said.
It was reported earlier that the destruction of power transmission lines feeding Yenakiyeve and Khartsyzsk by shellfire crippled the Yenakiyeve Metallurgy Plant, the Yenakiyeve Byproduct Coking Plant, and the Khartsyzsk Pipe Plant. The Avdiyivka Byproduct Coking Plant had been cut off from power supply earlier.
Metinvest is the largest Ukrainian metallurgy and mining holding. The group's facilities are located mainly in the Donetsk, Luhansk, Zaporizhzhya, and Dnipropetrovsk regions. Metinvest's principal shareholders are the SKM Group (71.24%) and Smart Holding (23.76%) which jointly manage the company.
(Our editorial staff can be reached at email@example.com)
July 27, 2016
National Bank's interventions in Kazakh forex market minimal in June
Russian MICEX index down 0.04% at open, RTS up 0.1%; electricity stocks decline
Tenge weakens by 0.8% in January-May 2016 - National Bank
Kazakh antimonopoly agency becomes member of OECD Competition Committee
MegaFon puts spinoff of towers to vote at Sept 16 meeting, to buy out dissenters at 557 rubles/share
Ruble declining in early trade on Wednesday
BPC to supply 1.3 mln tonnes of potash to China not including options
MICEX INDEX EDGES DOWN 0.04% AT OPEN; RTS GAINS 0.1%; ELECTRICITY STOCKS DECLINE
Russia's seasonally adjusted GDP grew 0.1% in June, VEB estimates
DOLLAR GAINS 8 KOPECKS TO 66.03 AT OPEN; RUBLE SLIGHTLY LOWER AGAINST CURRENCY BASKET
BELARUSIAN POTASH COMPANY TO SUPPLY 1.3 MLN TONNES OF POTASH TO CHINA IN 2016 NOT INCLUDING OPTIONS - COMPANY
Another 7 populated localities in Syrian province of Hama join truce
Record number of truce agreements signed in Syria - Russian Defense Ministry