PJSC Crimean Soda Plant to Install New Gas Turbine Plant According to BAC Company Report17 Feb 2012 • by Natalie Aster
LONDON – With gas price increase now taking 70% in PJSC Crimean Soda Plant cost structure, the company decided to implement a comprehensive program of energy conservation. Company’s management recently made a decision to install a gas turbine plant with a capacity of 14.4 MW / hour, which will provide electricity to the manufacturing facilities. Completion of this investment project is scheduled on December 2012.
Crimean Soda Plant performance in 2010 was not impressive: though revenue increased by 15% to reach UAH 1242.2 M, other main indices showed a noticeable decline. Thus, gross profit lost 20% and amounted UAH 193.4 M, operating income passed zero point and stopped at UAH (3.2) M, net loss equaled UAH 33.9 M.
Despite the bad news, Crimean Soda Plant still remains the only Ukrainian manufacturer of soda ash, substituting all imports and supplying 2.5% of world demand. Crimean Soda Plant annual soda ash capacity nearly reaches 800,000 MT. The company has a rich history springing in 1967. It is public and has 10% of total shares floating on Ukrainian Stock Exchange under the ticker KSOD.
Other details on the company, its products, business possibilities and experts’ overview can be found in the report "JSC Crimean Soda Plant Fundamental Company Report Including Financial, SWOT, Competitors and Industry Analysis" recently published by Market Publishers Ltd.
Title: JSC Crimean Soda Plant Fundamental Company Report Including Financial, SWOT, Competitors and Industry Analysis
Date: Feb, 2012
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