Rustam Minnikhanov holds session of OAO “Tatneftekhiminvest-holding”

On January 25, Tatarstan President Rustam Minnikhanov held a board session of “Tatneftekhiminvest-holding” (a coordination and expert centre, working in a wide range of business lines of Gas & Petrochemical Complex, Kazan).

The company Director General Rafinat Yarullin summarized results of work of gas and petrochemical complex of the republic in 2015. All main enterprises finished the year at a profit. The profit on sales exceeded the level of previous year by 1.5 times. However, because of ruble exchange rate fluctuation, high profit is a short-term effect.

The enterprises exported products for more than 424,6 bln rubles that provided 46,5 per cent of their total income. Oil producing industry demonstrated record growth rates of 2,9 per cent.

Tatneft Oil Company produced 2 mln 386 thousand tons of oil in December 2015 and 27 mln tons for the year. TANECO refinery produced 8,9 mln tons of oil products.

Ocsial Vice President for sales in Russia and CIS Aleksandr Zimnyakov told about cooperation of the company with Tatarstan enterprises in manufacturing products using nanomaterials.

Director of a German company ЕРС GROUP Jens Henkel came up with a proposal to establish enterprises for producing advanced materials in Tatarstan.