Yasynivka Coke Plant

Yasynivka Coke Plant (Yasynivka CP) is one of the most technically advanced coke plants in Ukraine. It produces premium grade coke. The plant is located in the non-government controlled territory of Donetsk oblast.

Location: Makiyivka, Donetsk oblast, Ukraine
Shareholders: “Donetsksteel”-metallurgical plant, in which Metinvest Holding purchased a 24.9% stake Yasynivka CP has been nationalized by breakaway authorities in March 2017 and is now controlled by Vneshtorgservis CJSC (South Ossetia)
Markets: Ukraine
Products: Furnace premium coke

Production capacity

Coke production 4 coke oven batteries, 2,300 thousand tons

Staff and wages

Number of employees 2,368 (2016)
Average wage* UAH 49,700 per annum (2016)

* per worker before taxes

Charts and tables

Production results, thousand tons

2000150010005000
2012 1667 kt2012
2013 1485 kt2013
2014 863 kt2014
2015 393 kt2015
2016 466 kt2016

Indicative sales structure by products in 2018

Indicative sales structure by markets in 2018

* structure of sales volumes, metric tons

Financial performance, $ million

20132014201520162017
Sales 350.0 162.2 52.5 86.3 23.6
EBITDA 11.4 -11.9 -12.9 -7.2н/д
EBITDA margin 3.3% -7.3% -24.6% -8.4%н/д
Net income -2.9 -18.6 -16.4 -11.8 -54.0
Net income margin -0.8% -11.5% -31.2% -13.7% -228.8%
CAPEX 10.0 1.10.6 1.0 1.6

Key facts

2019-2020

According to the media, Yasynivka Coke Plant has wage arrears. Only 70% of November wages is paid as of early February 2020.

2014

Two coke oven batteries at Yasynivka CP, No. 4 and No. 6, with the total capacity of 1,200 thousand tons were frozen.

2016-2017

After the outbreak of the armed conflict in Donbas, Yasynivka CP repeatedly suspended production because the situation often made supplies of raw materials impossible. According to the media, coal was shipped to Yasynivka CP by Ukrainian companies until 2016. Since 2017, the plant receives coal from Russia’s Gaz-Alliance.

Sources: websites of the companies, media outlets