Chemical companies of Russian billionaires are helping the Kremlin in the war against Ukraine
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Economics
Publication date

Chemical companies of Russian billionaires are helping the Kremlin in the war against Ukraine

Chemical plant in the Russian Federation
Source:  Reuters

Chemical companies linked to Russian billionaires play a significant role in the Kremlin's criminal war against Ukraine.

Points of attention

  • Chemical companies linked to Russian billionaires are playing a significant role in the Kremlin's war against Ukraine by supplying over 75% of the chemicals used to produce explosives for the Russian army.
  • Russian oligarchs such as Roman Abramovich, Vagit Alekperov, Dmitry Mazepin, Andrey Melnichenko, and Iskander Makhmudov are identified as key players in providing components for weapons manufacturing to the criminal army of the Russian Federation.
  • Despite being under Western sanctions, the businesses of these Russian billionaires continue to supply chemical components for military purposes, highlighting the civilian industry's complicity in Kremlin's military efforts.
  • Chemical plants associated with these billionaires, such as Eurochem and Uralchem, are supplying critical components like nitric and acetic acids for explosives, showcasing the role of Russian oligarchs in fueling the conflict in Ukraine.
  • The analysis conducted by Reuters journalists sheds light on how the chemical industry controlled by Russian billionaires is aiding the Kremlin in its military endeavors, posing a challenge to peace and stability in the region.

How chemical companies controlled by Russian billionaires are helping the Kremlin wage war against Ukraine

According to the results of an analysis conducted by Reuters journalists, it was found that chemical plants, partially or fully controlled by such Russian billionaires as Roman Abramovich, Vagit Alekperov, Dmitry Mazepin, Andrey Melnichenko, and Iskander Makhmudov, carried out more than 75% of all supplies of chemicals for the production of explosives for the needs of the criminal army of the Russian Federation.

It is noted that the deliveries were made from the beginning of the full-scale invasion of Ukraine until September 2024.

In particular, 5 chemical companies controlled by Russian billionaires produced and supplied RDX and HMX components for artillery shells and missiles.

These billionaires are under Western sanctions, but the same cannot be said about their businesses.

Russian oligarchs' chemical plants supply components for weapons manufacturing to the criminal army of the Russian Federation
Chemical plant in the Russian Federation

The companies claim that they are engaged in the supply of only civilian products, however, information about rail transportation, as well as tax invoices, indicate that the products are used for military purposes.

What components did the chemical plants of Russian billionaires supply to the criminal army of the Russian Federation?

The Eurochem and Uralchem plants, associated with Melnychenko and Mazepin, supplied nitric and acetic acids, which are used in explosives.

At the same time, Alekperov and Abramovich's enterprises supplied toluene, a component for TNT.

Anna Nagourny, an expert on logistics networks, emphasizes that Russia's civilian chemical industry has become a critical component of the Kremlin's military efforts.

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