Dmytro firtash wikipedia

Ostchem Holding is a holding company that unites a group of chemical factories and supporting companies. In its turn Ostchem is a part of bigger Group DF that unites several separate enterprises and other holding companies and is owned by Ukrainian oligarch Dmytro Firtash. On 20 December Ostchem announced about its mass layoffs.

In the spring of , Ostchem Holding strengthened its position in Ukraine by acquiring the right to import Central Asian gas for chemical companies. In , the company bought gas in Turkmenistan , Uzbekistan and Kazakhstan , importing 4. But since , Ostchem has been buying gas directly from Gazprom.

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In January, Naftogaz was the only importer of Russian gas to the country, including Ostchem, which bought 2. But since February , the situation has changed. It is among world leading companies in production of nitrate , ammonia , and urea. Ostchem includes smaller companies in production of nitrogen fertilizers , their distribution and transportation.

Main products include nitrogen fertilizers such as ammonia, urea, ammonium nitrate , CAN calcium ammonium nitrate , UAN urea ammonium nitrate , and ammonium sulfate. Beside fertilizers, the factories of the company produce products of organic synthesis and organic acids adipic and acetic acids , methanol , caprolactam CPL , vinyl acetate , polystyrol.