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UPG buys terminal for storage and transshipment of petroleum products in Poland
KYIV. Jan 6 (Interfax-Ukraine) – The Ukrainian group of companies UPG entered into an agreement to acquire the assets of the Polish company Baltchem SA Zakłady Chemiczn, as a result, the network received a powerful marine terminal in Poland for transshipment and storage of petroleum products.
According to the group’s website, this will allow the uninterrupted supply of fuel to Ukraine at affordable prices.
All types of fuel sold by UPG are supplied from Europe and comply with the fifth environmental standard.
"Adapting our business to today’s challenges, we quickly established reliable and stable partnerships with such European producers of high-quality petroleum products as Royal Dutch Shell, Total Energies SE, Neste Oyj, Glencore Energy," the group said.
As UPG said, since the first days of the large-scale war in Ukraine, the group has terminated its partnership with the Belarusian fuel producer, completely abandoning their products, and Russian fuel has not been supplied since the beginning of the aggression of the Russian Federation in 2014: the annexation of Crimea and the occupation of certain territories of Donetsk and Luhansk regions.
The UPG brand belongs to the Ukrpaletsystem fuel company (Korosten, Zhytomyr region), which has been operating on the market since 2003.
