Rustam Minnikhanov: “Nefis group demonstrates dynamic development and ambitious plans”

At a field session of OAO “Tatneftekhiminvest-holding” on results of work of Tatarstan oil-gas and chemical industry in the first half of 2013 and activity of Nefis group Tatarstan President Rustam Minnikhanov noted considerable results achieved by Nefis group.

Rustam Minnikhanov introduced new Director General of OAO “Nizhnekamskneftekhim” Oleg Nesterov and presented several awards.

Director General of OAO “Tatneftekhiminvest-holding” Rafinat Yarullin made report on work of oil-gas and chemical enterprises in the first half of 2013. He noted the slowdown in the rate of industrial production growth in global economy that causes decrease in demand for Tatarstan products as well. According to results of the first half of 2013, high growth rates were observed only chemical industry and production of plastic items.

Rafinat Yarullin continued that one of factors that may influence growth of Tatarstan petrochemical industry is focus on domestic market and import substitution.

Production of automotive components demonstrates good dynamics.

Rafinat Yarullin believes that production of goods for children and epoxy resins are perspective areas.

Director General of OAO “Nefis Cosmetics” Dmitry Khaibullin told about activity of Nefis group. Thus, Nefis group profit increased by 27 per cent in 2012 and made 20 bln rubles. The number of employees working at Nefis enterpises made 4300 people. At the market of household chemical goods Nefis Cosmetics has to compete with transnational corporations Procter&Gamble и Henkel.

Nefis Cosmetics actively participates in cooperation of Tatarstan petrochemical enterprises. It supplies 6,6 tonnes of goods to other Tatarstan plants per year.

Dmitry Khaibullin told about company’s development prospects. The major project in the sphere of production of household chemical goods is reconstruction of a plant producing detergents. Another investment programme is being implemented in production of oils and fats. By 2014 the company intends completing creation of the most up-to-date complex for processing rape and sunflower.

The biggest project realized by Nefis group is the enterprise “Nefis bioproduct”.

Tatarstan President Rustam Minnikhanov highly estimated company’s achievements.