The blog has just met a new colleague at ICIS who told me about Stirol, a company I'd never heard of which may be one of Ukraine's biggest chemical groups. I can't find any financial information on the site to back up this claim.
Stirol was the first company in the Soviet Union to produce ammonia from coke oven gas, according to its chairman NA Yankovski.
I am about to start compiling the ICIS Top 10 list of chemical companies in central and eastern Europe and Russia. Any suggestions, please contact me: it is very difficult getting correct information from this region.
Here is the list from last year: apologies for formatting. You can see the original story by clicking here: Sibur rises in CEE/Russia Top 10
Company name Sales '07 % Change to '06* Operating profit '07 % Change to '06* Net profit '07 % Change to '06*
PKN Orlen (chems/petchems) 6,741 1.2 537 46.6 - -
Sibur 4,846 11.8 1,282 15.7 - -
Salavatnefteorgsintez 3,960 40.0 - - 1,630 50.0
MOL (petchems division) 2,300 12.0 236 75.0 - -
Agrofert 2,870 3.0 - - - -
Nizhnekamskneftekhim 2,400 24.0 287 (profit from sales) 20.0 1,670 23.0
Lukoil (petrochemicals) 2,300 26.0 - - - -
Petkim 1,860 -2.0 96 -3.0 61 23.0
BorsodChem 1,510 19.0 - - - -
Uralkali 1,190 87.0 - - - -
Note: OMV is excluded because it includes petrochemicals with refining and marketing *In local currencies
sources: company data, Accenture, CIREC
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