Proceeds of Tatarstan oil-gas-chemical complex has increased by 60 % since 2008

Annual shareholders’ meeting of OAO “Tatneftekhiminvest-holding” summarizing the results of work in 2011 was held at the RT Government House chaired by the RT President Rustam Minnikhanov.

Director general of the holding Rafinat Yarulin presented the summary report. According to the given information, work on developing republican and federal strategic documents, organizing cooperation with Russian and foreign companies, research institutes continued last year.

Coordination and control over realization of the program on development of oil-gas-chemical complex were also implemented. In comparison with 2008, the volume of output has increased by 15 %, proceeds and added value – by 60%. 155 bln roubles of capital investments were drawn in 2010-2011.

The speaker called launching of first stage of TANECO main last year’s event.

In addition, plants on producing flexible packaging (Danaflex-nano, Kazan), sheets of honeycomb polycarbonate (Polus-Plast, Zelenodolsk), polyolefine composite materials for cable and pipe industry (Nuran-Plast, Vysokaya Gora), Nefis bioprodukt plant were launched last year.

Moreover, the product range of Ai-plast and Tekhstroy was enlarged. Construction of Ammoni complex has started.

The holding also promotes the project on industrial and household waste utilization. Much emphasis was put on utilization of associated petroleum gas.

Work on constructing a plant for advanced grain processing in Tatarstan that will facilitate development of biotechnologies is implemented by the enterprise. Moreover, activity on solving urgent problems in the industry will continue.