News

Kazanorgsintez PJSC published the accounting statements for the first quarter of 2019. According to the balance sheet, as of 1 April  2019 as relating to indicators as of 1 January 2019, the assets of the Company increased by 4.6% up to 77.1 RUB bn. 

Management of the Company held the negotiations with the representatives of the Union of Chambers and Commodity Exchanges of Turkey. The visit took place within the framework of the XI International Economic Summit “Russia - Islamic World: KazanSummit 2019”, which is currently taking place in the capital of Tatarstan.

On April 19, 2019, the annual General Meeting of Shareholders of Kazanorgsintez PJSC was held following the results of performance in 2018. Farid Minigulov, General Director of Kazanorgsintez PJSC, delivered a report on the results of the company’s performance. In 2018, Kazanorgsintez PJSC achieved a significant increase in financial performance. Last year, revenue from the sale of marketable products exceeded 79 billion Rubles (9.7 % higher than in 2017.). The commercial output produced by Kazanorgsintez PJSC was 989 kilo tons. 

Kazanorgsintez PJSC took part in Tatarstan international forum for energy resource effectiveness and in XX international specialized exhibition “Energy. Resource saving. ” There The Company represented the project “Reduction of heat losses as a tool for improving energy efficiency of production at Kazanorgsintez PJSC”.

Starting from April 2019, Kazanorgsintez PJSC will begin industrial production of metallocene linear low density linear polyethylene (LLDPE). Up to this moment, PE processers had to use only foreign grades of this product. Kazanorgsintez PJSC will become the only producer of metallocene polyethylene in Russia.