The fate of the Odesa Port Plant is being decided in the President’s office

The fate of the Odesa Port Plant is being decided in the President’s office


The effectiveness of the management of the State Property Fund by the Odesa Port Plant is being evaluated on Bankova. New members of the Supervisory Board will be approved in the OPP soon.

Former Head of the Odesa Port Plant Mykola Synytsia said that on September 30th, a meeting of the Committee on Economic Development was scheduled at the President’s Office. On the agenda, in particular, is the assessment of the activities of the State Property Fund for the management of Odesa Port Plant JSC (OPP).

On September 18th, at an extraordinary meeting of the OPP board, it was decided to stop the production facilities of the plant, among other things, in connection with the cessation of the supply of natural gas from Odessagaz JSC on September 17th.

According to the former Head of the plant, a meeting of shareholders of Odesa Port Plant JSC is scheduled for October 1st, during which new members of the Supervisory Board will be approved by the Cabinet of Ministers.

USM previously reported that Singapore-based Dachex Shipping Pte. Ltd. refused to sign an agreement with Odesa Port Plant JSC for the processing of raw materials supplied by the customer. The company accused the representatives of the plant of negligence in drawing up the procedure for selecting the customer for the processing of raw materials supplied by the customer, which it won.

Odesa Port Plant specializes in the production of ammonia, carbamide, liquid nitrogen gas, carbon dioxide and liquid oxygen. Also engaged in the transshipment of chemical products.

The state represented by the State Property Fund owns 99.5667% of the company’s shares. For several years the plant has been on the list of enterprises that are preparing for privatization.

Read also: Odesa Port Plant suspends work