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21.11.2008

«Stirol» didn’t reduce throughput in October


The biggest Ukrainian mineral fertilizer producer Concern «Stirol» has managed despite crisis during October to maintain rates of growth and obtain in whole positive results of its economic and commercial activity. Thus during October 2008 it was increased production of practically all main products of the Concern. Particularly during October it was produces 123 853 t of ammonia (+ 4,1% comparing to October 2007), 79 152 t of urea (+3,1%), 49529 t of granulated ammonium nitrate (+24,7%), 2 642 t of sodium nitrate (+14,9%).

Also it was produced 94 mln. 389 ths. items of medicines, same level of October 2007. Also at the level of October 2007 it was production volume of Stirol own electrical power, i.e. 15,6 ths. ËWth.

Due to maintenance of sulfuric acid plant during October it was reduced sulfuric acid production by 15,5%. Collapse of construction volumes in this country, resulted in demand slump for construction materials has leaded to production decrease of polystyrenes by 4,6%.

As for the sales volumes, Concern indicators for October 2008 were higher comparing to “non-recessionary” October 2007 by 65,9%. During October 2008 it was sold ammonia 3 times more comparing to the same period of 2007 (167 mln. 531 ths. UAN, 343,9%, against October 2007), it was also sold urea on the amount of 165 mln. 212 ths. UAN (+67,0%), granulated ammonium nitrate - 65 mln. 992 ths. UAN (+123,5%), sodium nitrate - 5 mln. 160 ths. UAN (+ 116,0%), medical products on the sum of 3 mln. 614 ths. UAN (+ 2,6%). Due to above mentioned reasons sales of polystyrenes decreased by 3,6%.

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Contact details:

Main office:
SC "Concern "Stirol", 10, Gorlovskoi Divizii Street, Gorlovka, Donetsk region, 84610, UKRAINE
Phone:+380 6242 78338 Fax:+380 6242 78243
e-mail: office@mail.stirol.net

Representative office in Kiev:
Representative office of SC "Concern "Stirol", Gorkogo Street, 14(B)/26, Kiev, 01071, Ukraine
Phone: +380 44 246-5869 Fax: +380 44 246-5869
e-mail: stirol@stirol.kiev.ua

Representative office in Europe:
Chemo Invest Trade LLP
London, Bedford Row 26-28 WC1R 4HE, England.

Chemo Invest Trade
Europe Kft.
1037 Budapest, Montevideo street 3/b 111. floor, Hungary.
Phone.: +36 1 359 96 95 Fax:+36 1 339 02 26





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