Ukrainian businessman Dmytro Firtash plans to acquire an oil refinery and a filling station chain, he has said in an interview with Expert publication.
"We’re planning to buy an oil refinery and a filling station chain, but I won’t name the companies now," the publication reported, citing Firtash.
The businessman also said that he plans to develop in the petrochemical direction and expand the range of products made by his companies.
"We’re planning to seriously develop the petrochemical area. The seven- to eight-year program for the sector will require $2-2.5 billion. We want to increase and expand the range of products: methyl, propylene, polystyrene, caprolactam, man-made fiber," he said.
He said that the $2-2.5 billion is only expenses on the reconstruction of production facilities. The acquisition will require additional funds.
As reported, there are Kremenchuk oil refinery in Poltava region, Drohobych oil refinery in Lviv region, Shebelynka gas refinery (Kharkiv region), Odesa oil refinery , Kherson oil refinery and Nadvirna oil refinery (Ivano-Frankivsk region) in Ukraine.
At present, only Kremenchuk oil refinery and Shebelynka gas refinery are operating, while the rest of the refineries were closed due to unprofitableness.
Group DF is a private international holding company of Ukrainian businessman Dmytro Firtash, the core interests and assets of which are concentrated in such fields as energy, the chemical industry, energy infrastructure, finance and real estate. The group controls four out six Ukrainian nitric producers.
