Wednesday, November 30, 2011

Yaroslavl sold Firtash Cherkasky Nitrogen

Chairman of the board of directors of Group DF Firtash become a major producer of mineral fertilizer company Azot (Cherkasy). Thus, Firtash concentrated in its management of 2.44% of world capacity to produce nitrogen fertilizers. At Ukrainian enterprises have 2,28% of world capacity. As reported by "Ukrainian News" Firtash controls an international group of chemical companies Ostchem Group, which includes "Rivneazot", "TajikAzot and Nitrofert. Also controls the businessman Severodonetsk Azot Association (Lugansk region) and Concern Stirol (Donetsk region). "Integration of chemical industry in Ukraine is the optimal strategy, which will preserve and enhance the productive capacity of the country. The same strategy was elected a global player in the fertilizer market, which are direct competitors of Ukrainian chemical industry ", - underline the press service of Firtash. Businessman Alexander Yaroslavsky, yesterday denied the sale of the enterprise, today announced the successful completion of negotiations. "We hit on his hands. From today, Cherkassy Azot owned personally Dmitry Firtash "- Yaroslavsky said in a commentary," The Mirror of the week. Ukraine ". Yaroslavsky said that its price ($ 800 million) was received: "This deal is - pure business. There's no politics. I was offered a good price and I agreed. "

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