Rustam Minnikhanov: OAO “Nizhnekamskneftekhim” is one of the biggest tax payers in republic

Tatarstan President continued that a powerful petrochemical cluster was created under the auspices of OAO “Nizhnekamskneftekhim”. “We are speaking about increasing production two or three times, and building new complex for manufacturing 1 million tonnes of produce,” he said.

Rustam Minnikhanov noted that the company is the biggest producer of ethylene and rubber. “We have got industrial and intellectual potential to deal with the most complicated tasks,” he added.

Rustam Minnikhanov also noted that the republic has to achieve new economic growth rates of 5-6 per cent.

Summing up, Rustam Minnikhanov said that Nizhnekamskneftekhim is one of the biggest tax payers in republic, and in spite of difficult economic situation net profit in 2013 amounted to 6.1 billion roubles. He also reminded about production modernization as one of priority tasks to decrease environmental load.