Ufaorgsintez to recover pyrolysis capacities
Ufaorgsintez to recover pyrolysis capacities and will increase ethylene polymerization capacities.
Ufaorgsintez PJSC (belongs to Bashneft) plans to increase the capacities of pyrolysis and increase the capacities of ethylene polymerization. The reconstruction of the isopropyl benzene production capacities will be reconstructed and the production of special marks of epoxide resins will be modernized, is said in the company’s report for Q1 2016.
Ufaorgsintez in Q1 2016 increased net profit by 67% to 1.91 bln roubles. The revenue made up 7.58 bln roubles (in Q1 2015 – 7.62 bln roubles).
The stake of polypropylene in the total structure of sales was 22%, stake of polyethylene of high pressure – 17%. 76% of the revenue was made on the sale in the domestic market. The major part of polypropylene and LD polyethylene were exported to the CIS (42% of the revenue), Eastern and Western Europe (32 and 17% respectively).