Tuesday, January 4

Firtash sells titanium business in Crimea.

As part of Dmitry Firtash’s Group DF titanium business, Ukrainian Chemical Products has sold all its assets in Crimea to Russian Titan. Due to political circumstances, Ukrainian Chemical Products has lost its economic attractiveness and having no control over it since 2016, the group, therefore, sought to sell it. “The terms of the agreement stipulate that all movable and immovable property of the former Crimean Titan plant becomes the property of the buyer. Thus, the agreement is finalized, and the relevant changes have been made to the registers of the state registration authorities of Ukraine,” the statement said.

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