In 2014 "ZTMC" Increased Production Of Deeper Redistribution - Titanium Ingots


Zaporozhye, February 2, 2015 - "Zaporozhye titanium and magnesium combine", included in the titanium business Group DF for 2014 increased production of deeper redistribution - titanium ingots up to 207 tons (3 times more than in the previous year).

"Production of titanium ingots products deeper redistribution from high income countries is one of the priority directions in the activity of the combine. Therefore, we will strive to further increase production of titanium ingots and alloys. Today the specialists of the works continue further development of technology for the smelting of various ingots, and also carry out work on the modernization of equipment," commented Director of "ZTMC" Vladimir Sivak

On a combine technology of production of the alloyed alloys is mastered, including titan with an aluminium and with oxygen, which, in obedience to marketings researches, are in most demand for users.

At the same time production of titan of spongy and titanic slag volumes grew in 2014 short. More than 7,2 thousand of tons of titan is for a year produced spongy (in 2013 are almost 9,4 thousands of tons) and more than 32,6 thousand of tons of titanic slag (in 2013 are more than 35,6 tons).The decline of production of goods of the first redistribution volumes happened as a result of limitation of powers and emergency disconnecting of electric power at the end of 2014, power resources related to the arising up in Ukraine deficit. In addition, in December an enterprise began major repairs of ore-thermal furnace №2, smelting of titanic slag is carried out in which.

In the past year of management effort were directed above all things on the decision of questions of providing of stable work of enterprise and implementation of the planned major repairs of basic and auxiliary equipment. As a result «ZTMC» executed all contract obligations before contractors.

Help:

"Zaporozhye titanium-magnesium combine" - the only Ukrainian and European producers of titanium sponge. "ZTMC" Ltd. created in accordance with decree of the Cabinet of Ministers of Ukraine №955 from 3 October 2012 to attract investment at the combine.

At the end of 2012 a company «Tolexsis Trading Limited», entering in Group DF, won in a competition on the selection of non-state participants of

« Zaporozhye titanium magnesium combine» and in 2013 49% got in the chartered capital of combine. In obedience to an agreement with FGIU, a company «Tolexsis Trading Limited» was under an obligation to bring in 110 million doll. The USA in realization of row of investment projects on a combine. Now an investor met engagements in full, foreseen an agreement – 100% brought in contribution to the chartered capital and additional capital, that makes 110,0 million doll. of the USA totally. Thus, the financial providing has «ZTMC» Ltd. for realization of plans, related to the reconstruction of combine.

A combine put right the production of bars of titan and his alloys a diameter 400 mm and 600 mm, long to 3700 mm, and also slab measuring 250X1050 mm, long to 3700 mm of the followings brands: Grade1, Grade2, Grade3, Grade4, Grade5, VT5L.

Group DF is the diversified international group of companies, business of which is presented in 11 countries of Europe and Asia. Basic directions activity of Group are nitric, titanic, gas and bank businesses. In particular, Group DF – one of the largest investors in chemical industry and energy on territory of Eastern Europe. A group also develops companies in the spheres of agriculture, medias, production of the calcinated soda, power infrastructure and real estate.Strategy of Group is consolidation and transformation of industries of industry with the purpose of increase of competitiveness of Ukraine in the world market. A group inculcates the international standards of corporate management, aiming to be transparent and clear for financial institutes and capital markets. The general quantity of workers on the enterprises of Group DF exceeds 100 thousands of persons. A founder and owner Group DF is the Ukrainian businessman and patron of art Dmitry Firtash.