Victor Yushchenko attended a ceremony in Kalush (Ivano-Frankivsk oblast) to unveil a plaque marking the start of construction of a chemical factory to produce chlorine and caustic soda, whose major investor is Lukoil-Naftokhim, president's press office reported.

In his speech, the President described this three-year 500-million-dollar investment project as a “good supplement to Ukraine’s high-tech capabilities.” He also said it indicated efficient cooperation between the local authorities and foreign investors.

Yushchenko urged Lukoil President Vagit Alikperov and directors of Karpatnaftokhim to raise salaries to their workers, who now earn on average UAH 1,000 per month.

“I really want the presence of Lukoil, one of the world’s leading oil companies, to affect the social face of the town,” he stated.  

The President said Lukoil should solve its economic problems in Ukraine by holding roundtable talks involving the State Property Fund and ministries. He added it was important to create a special commission to study the issue.

“I guarantee that the state will focus on the legal settlement of the conflicts,” he promised.

Alikperov said Lukoil invested in Ukraine’s industry because of the support they are receiving from the President, the government, local authorities and business partners.

NSDCU Secretary Vitaly Haiduk, Ivano-Frankivsk Governor Roman Tkach, Russia’s Ambassador to Ukraine Viktor Chernomyrdin, Lukoil-Naftokhim Director General Oleksandr Smirnov and Karpatnaftokhim Acting Director Serhiy Chmykhalov attended the ceremony.    

Yushchenko then inspected the Polyolefin factory.


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