Azat Hamayev has participated in the annual general meeting of shareholders of PJSC «Nizhnekamskneftekhim»
Today the annual general meeting of shareholders of PJSC «Nizhnekamskneftekhim» at which the results of financial and economic activity of the enterprise in 2017 have been summed up has taken place in Nizhnekamsk. The President of the Republic of Tatarstan Rustam Minnikhanov has taken part in work.
The CEO of PJSC «Nizhnekamskneftekhim» Azat Bikmurzin has made the report on work results in 2017. He has reported that the company has exceeded the production plan, the index of physical volume has made 102,1%. Proceeds from sales of production and services have reached 162,1 billion rubles. 702 thousand tons of rubbers are realized. 698 thousand tons of plastics are shipped, shipments of linear polyethylene of low density are increased by 70 thousand tons.
Azat Bikmurzin has reported that concentrating the main efforts on production activity, Nizhnekamskneftekhim at the same time pays much attention to environmental protection. In 2017 the volume of the sewage dumped from productions of the company is reduced by 5 million 140 thousand cubic meters. Formation of waste, in comparison with last year, was reduced by 17 thousand tons, emissions in the atmosphere have decreased more than by 1 thousand tons.
During the performance the President of Tatarstan has emphasized that «Nizhnekamskneftekhim» is one of the largest producers of synthetic rubbers in the world and plastics in Russia today. He has reminded that before the meeting opening of new hi-tech production of basic monomer-isobutylene which is used at production of isoprene and butyl rubbers and also by production of a high-octane component of motor gasolines has taken place. It is the next stage of the large-scale program for modernization and accumulation of capacities for production of SKI-3 rubber.
"With end of the project on modernization of production of an isoprene the annual production of isoprene rubber will increase more than by 50 thousand tons and will reach an indicator of 330 thousand tons in the third quarter of the current year. In Nizhnekamsk about 40 percent of all world capacities for release of SKI-3 will be concentrated", - Rustam Minnikhanov has told.
He has emphasized that in 2017 which is anniversary for «Nizhnekamskneftekhim», the company was ahead of schedule on production of products, export shipments have grown by more than 11%, the index of industrial production in the comparable prices has made 102,1%. Dynamics of annual growth of volume of production for 2-3% is kept. Production of ethylene last year on «Nizhnekamskneftekhim» has reached record value and has made more than 613 thousand tons. In 2017 the volume of investment has exceeded 17,9 billion rubles.
Rustam Minnikhanov has noticed that in many respects thanks to such enterprises as «Nizhnekamskneftekhim» the republic keeps positive growth rates of economy. So, gross regional product volume in 2017 was 2 trillion 115 billion rubles, the volume of the shipped industrial output - 2 trillion 254 billion rubles, investments into fixed capital - 637 billion rubles. Tatarstan takes the fourth position among Russian regions on the volume of the mobilized own income. The republic is the largest taxpayer in the country.
It is mobilized tax payments, customs duties, contributions to social funds for the sum over 853 billion rubles from the territory of Tatarstan to budgets of all levels. The social orientation of the republican budget grows. Today the share of prime and socially important expenses of the budget makes about 72% of the total amount of expenses. Thanks to achievements in economy the republic realizes the large-scale social programs directed to improvement of quality of life. Today there are 38 such programs.
According to the President of the Republic of Tatarstan, for the next decade petrochemical and oil-processing industry will remain the main point of growth of economy of the republic. This priority is fixed in "Strategy-2030". For «Nizhnekamskneftekhim» the project of construction of new production of ethylene with a power of 600 thousand tons and the connected productions on processing of products of pyrolysis remains the main thing.
Rustam Minnikhanov has noted that in the current year on the platform of the St. Petersburg International Economic Forum the agreement on financing of a new olefin complex has been signed. "It is great success. In the mode of sanctions «Nizhnekamskneftekhim» has obtained the soft available loan of more than €800 million, - the President of the Republic of Tatarstan has emphasized. - The project enters an active phase. Collaboration with the German partners in design engineering and the choice of suppliers of the equipment has already begun. In return we will render necessary assistance in implementation of the project".
Further the annual report, annual accounting (financial) reports, distribution have arrived for 2017 have been approved at the meeting. Also the Board of directors of PJSC «Nizhnekamskneftekhim» is created.
Besides, during the meeting of shareholders approval was got by two large deals: on implementation of the project on production of EP-600 ethylene with a power of 600 thousand tons of ethylene a year between PJSC «Nizhnekamskneftekhim» and the «Linda AG» company and also large deal about signing of the credit agreement with syndicate of the international banks with a covering Oyler Hermes. The consortium from five German banks representing, mainly, the Federal Republic Germany and organized by Deutsche Bank has acted as the creditor of this agreement. Now the project documentation according to the Russian norms and rules is developed. Since July of the current year is planned to begin early works on preparation of the building site.
After the end of the annual general meeting of shareholders of PJSC «Nizhnekamskneftekhim» the first meeting of the Board of Directors in new structure has traditionally taken place.