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Fund for Sustainable Development Plus and other donors. Construction is planned at the biogas plant in the village of Vasylivka, Vinnytsia region, which was launched in 2019 and is the largest such plant in Ukraine. In the project's first stage, it is planned to expand the existing production capacity to 14,000 tons of liquefied biomethane per year, and in the second stage, to 20.5 tons.
9.2.11 Metallurgy & mining corporate news
Ukrainian pipe giant Interpipe's capacities are at 60-70% of pre-war indicators, but production is increasing. The company expects to maintain this level until the end of 2023, said the company's CEO, Andriy Korotkov. He specified that the situation with unloading in the pipeline and railway divisions is unique, and there are also differences by quarter. According to Korotkov, in the first half of the year, Interpipe met all of its production plans. "All three divisions showed growth: steelmaking by almost 20%, pipe by 5%, and railway by 17%," Korotkov added. The general director of the enterprise recalled that with the beginning of the war, their factories were idle and resumed work only in May 2022. According to him, the increase in Interpipe's tax deductions and a 74% increase in extrabudgetary funds relate to this.
9.2.12 Other sector corporate news
The United Mining and Chemical Company wants to absorb the nationalized Demurinsky mining and processing plant. The UMCC is negotiating with the State Property Fund regarding the possibility of merging with the previously nationalized Demurinsky GZK, said the deputy chairman of the board of UMCC, Dimitri Kalandadze. In addition, the company is negotiating with other sectors that can increase the UMCC's resource base. Also, according to Kalandadze, the Demurinsky GZK will help supply the Vilnohorsk Plant with raw materials in the future. The UMCC is a state-owned enterprise and one of the world's largest producers of titanium raw materials. The state's annual income is UAH160-600M, and the value of these assets is UAH 3.4B. The company is currently operating at a loss. The Vilnohorsk Mining and Metallurgical Plant and the Irshan Mining and Processing Combine are part of the UMCC structure. The former operated for only ten days in April and the same in May. The latter has been idle since October 2022, and it is unknown when it can resume operation.
Ukraine has nationalized one of Europe's largest engine factories.According to the SBU, the nationalization of 100% of the authorized capital of Motordetal-Konotop in the Sumy Region is complete. This enterprise produces cylinder liners for engines. The enterprise can manufacture more than 1,500 types of sleeves for any automotive equipment, ships, and locomotives. It has a foundry, two machining shops, and auxiliary shops. It is reported that the Higher Anti-Corruption Court has satisfied the lawsuit from the Ministry of Justice for Ukraine's collection of assets belonging to the sanctioned senator of the Federation Council of the Russian Federation, Serhiy Kalashnyk. Before the full-scale invasion, the Ukrainian Kalashnik plant's products were supplied for the needs of the Russian military-industrial complex. In particular, the unique assembly plants of the Konotop plant were needed by the Russians to produce their warships.
The SCM Group has increased its investment in Ukraine by a quarter over six months, to UAH 12.7B. According to the company, the investments
79 UKRAINE Country Report September 2023 www.intellinews.com