Rustam Minnikhanov re-elected as Board Chairman of OAO “Tatneftekhiminvest-holding”

On May 26, at Tatarstan Government House, Tatarstan President Rustam Minnikhanov held an annual shareholders meeting of OAO "Tatneftekhiminvest-holding" on results of work in 2013.

Making a report at the meeting, Director General of the holding Rafinat Yarullin said, in particular, that OAO "Tatneftekhiminvest-holding" continued to search new technologies and projects for Tatarstan petrochemical complex in 2013. The analysis of the markets and technologies for new types of products and raw materials was carried out. The trends in the production and use of shale gas in Russia and worldwide were examined.

Problems and prospects of petrochemical complex were discussed at meetings with international and Russian companies. The promotion of Yamal-Volga region products pipeline project is one of the priority areas of the holding.

A new Board of Directors of OAO "Tatneftekhiminvest-holding" was elected during the meeting. The new Board, which increased to 24 members from 22, re-elected Rustam Minnikhanov as Board Chairman and extended Rafinat Yarullin’s powers.

To the point, Tatneftekhiminvest Holding was set up in accordance with the Decree of Tatarstan President in 1993 to improve the management of the local petrochemical complex.