In 2017, VESCO, the clay producing business belonging to the UMG Investments investment portfolio, sold 3.05 m tons of clay, which exceeds the similar indices in 2016 by 36%.
UMG INVESTMENTS is an investment company that launches and develops businesses with high growth potential. Our team takes a hands-on approach to the development of portfolio companies, providing them with production, commercial and management expertise.
Clay extraction
UMG’s clay extraction businesses are some of the world’s key suppliers of white plastic clays. The annual output of the company’s clay extraction assets is about 4 million tonnes. UMG operates 11 quarries and extracts 60 types of clay.
Limestone and dolomite production
UMG's flux dolomite enterprises are among Ukraine’s largest for extracting and processing limestone and dolomite, with an annual output of 10 million tonnes of finished product. The main buyer is the Ukrainian market.
Processing and sale of coal combustion products
UMG RESOURCE is an end-to-end operator that sells coal combustion products from the ten combined head and power (CHP) plants of the company DTEK. Major products: microspheres, dry fly ash, ash slag mix, granulated slag, and wet fly ash. Buyers include Ukraine, the USA, Argentina, the Netherlands, Azerbaijan, Portugal, Spain, UAE, Czech Republic, Slovenia, Germany, and Belarus.
Processing and sale of rare and technical gases
UMG RT GAS is an exclusive operator that sells rare and technical gases from iron and steel plants. The product portfolio includes neon, xenon, krypton, argon, oxygen, and nitrogen.
North America, Asia, Turkey, Romania, Moldova, and Poland are the main markets for these gases.
News
9 October 2017
“Investors need a long-term development strategy for Ukraine. It is important to predict the market situation while working in Ukraine and to understand the business growth strategy. Investors want to know when to sell or buy a business. The groundwork available for the country’s development strategy does not provide an answer to these questions,” said Andrey Gorokhov, CEO of UMG INVESTMENTS company, at the fourth Kyiv International Economic Forum.
5 April 2017
In 2016, Vesco, the clay production business of investment company UMG, sold 2.2 million tonnes of clay, an 11% decrease over 2015.
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