Stakhanov Ferroalloy Plant | |
Native Name: | Стахановський завод феросплавів |
Industry: | Ferrous metallurgy |
Predecessors: | --> |
Founded: | 1961 |
Founders: | --> |
Successors: | --> |
Hq Location City: | 94000, Kadiivka, Luhansk Oblast |
Hq Location Country: | Ukraine |
Areas Served: | --> |
Key People: | Volodymyr Soloshenko[1] |
Products: | Ferrosilicon |
Owners: | --> |
Num Employees: | 1600 |
Num Employees Year: | 2016 |
Footnotes: | Код ЄДРПОУ 00186513 |
Stakhanov Ferroalloy Plant is the largest (about 50% of all-Ukrainian production) plant for the production of ferrosilicon[2] in Ukraine.[3] [4] The plant is located in the city of Kadiivka (formerly Stakhanov), Luhansk Oblast, Ukraine.[5] It is located on uncontrolled territory.[6] [7]
The decision to start construction was made in 1952. Construction took place during 1959-1962. The plant has eight[8] ferroalloy[9] furnaces with a capacity of about 2,000 tons per month each. The main products are: ferrosilicon, ferromanganese, and ferrosilicon manganese.[10] Most of the company's products (about 75%) were exported[11] from Ukraine.
In 2011, SFP reduced the production of ferroalloys by 5.2% compared to 2010 - to 208.3 thousand tons.[12] At the same time, the plant increased the production of ferrosilicon (in terms of 45%) by 6.8% - to 145.3 thousand tons, but reduced the production of silico-manganese - by 24.7% to 63 thousand tons.
By the end of 2011, four Cypriot companies: Philex Investments Limited, Felicio Enterprises Limited, Kellton Enterprises Limited and Mercliston Limited, owned 24.4867% each, for a total of 97.9468% of SFP. The business[13] of Stakhanov FP, Zaporizhzhia Ferroalloy Plant, Ordzhonikidze and Marhanets mining and processing plants is organized by PrivateBank[8] [14] (Dnipropetrovsk). Delivery of products was carried out to Alchevsk Metallurgical Complex.[8]
In 2018, during the Russian occupation of Luhansk Oblast, the plant came under the external management of the South Ossetian[8] company "Vneshtorgservice" run by Vladimir Pashkov[15] and was named "branch № 13" Stakhanov Ferroalloy Plant of "Vneshtorgservice." At the same time, press reports said that as of July 2018 the plant operated a single furnace, producing ferrosilicon at around 1000-1800 tons per month. The product was then delivered to the (also Russian-held) Alchevsk Metallurgical Complex.[16]