Ukrainian metallurgists plan to invest millions of dollars in products for export and are seeking for funding their projects.

Centravis, a manufacturer of seamless stainless-steel pipes, plans to implement projects to modernize their production and expand their pipe manufacturing operations by $14.5M over two years. The first project involves purchasing new equipment, which will enable the production of pipes, couplings, and casing strings. These products will be used for carbon capture as well as oil and gas extraction. The project budget is $11M, and $10M needs to be raised.

The second project aims to expand the company’s product range by starting the manufacture of seamless stainless-steel pipes with a 4-mm diameter. This will allow entry into the hydrogen, semiconductor, medical, and aerospace industries. The budget for this project is $3.5M, with $3M to be raised. The products are intended for export to customers in the US, Europe, Asia, and the Middle East.

Meanwhile, Dniprometyz-TAS, the largest producer of wire and sectional fences in Ukraine, plans to launch a new hot-dip galvanizing line for steel wire within three years at a cost of $4M, of which $2M must be raised. The capacity of this installation will be 24,000 tons per year, with products sold in Europe, North America, and the Middle East.