Nizhnekamsk, Russia – Tatarstan-based PJSC Nizhnekamskneftekhim has seen a marked rise in sales of synthetic-rubber on the back of long-term supply agreements with major rubber companies.
In a 22 Jan review of achievements last year, general director Azat Bikmurzin said the company’s synthetic rubber production rose 5% year-on-year in 2017, to reach 704 kilotonnes.
“[Some] 83% of this amount was shipped to large foreign customers under long-term agreements,” Bikmurzin added.
Total sales of rubber and plastics materials, he said, reached RUB162 billion (€2.34 billion) during the year.
According to Bikmurzin, the results were achieved through “timely modernisation and reconstruction.”
A planned overhaul was carried out at all Nizhnekamsk plants, said the official.
An important event, he added, was the launch of a new formaldehyde production facility using Formox technology at the company’s isoprene-monomer plant.
Works on a technical re-equipment of isoprene and isobutylene production plants would be completed “in the near future,” Bikmurzin continued.
“They will also be put into operation as part of the SKI-3 isoprene rubber expansion programme,” he added.