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Posted On

01
September
2021

UMCC starts exporting products via online auction

KYIV. Sept 1 (Interfax-Ukraine) – PrJSC United Mining and Chemical Company (UMCC), which manages Vilnohirsk Mining and Metallurgical Plant (Dnipropetrovsk region) and Irshansk Mining and Processing Plant (Zhytomyr region) , announces the launch of the sale of products through an online auction.

According to a press release on Wednesday, foreign business entities and nonresident companies of Ukraine are invited to participate in the export sales auction.

To participate in the auction, a potential buyer must send a package of documents and go through the compliance check procedure. Companies will then receive invitations to participate in the online auction.

To conduct compliance, UMCC asks all interested companies to send the necessary list of documents by 13:00 on September 6, 2021.

The United Mining and Chemical Company began its actual activity in August 2014, when the government of Ukraine decided to transfer the property complexes of Vilnohirsk and Irshansk plants under its management.

In August 2016, the government assigned UMCC to the list of companies subject to privatization in 2017. Its terms were postponed several times, most recently due to the coronavirus crisis and quarantine.

UMCC sells its products to more than 30 countries of the world and is one of the world’s largest producers of titanium raw materials, occupying 4% of the world market. The main sales markets are the EU, China, Turkey, as well as the United States and African countries.