Refining, Russia Metals and Mining

Polyplastic presents its results for Q1 2016

Despite common stagnation of the car building, household appliance and construction markets, Polyplastic NPP is still the leader in the sector and is able to increase the results in these spheres. The financial results for Q1 2016 have been accomplished in accordance with the business plan admitted by the Board of Directors.

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In Q1, 2016, Russia increased oil production by 3%

In the first quarter of 2016, Russia increased the oil production by 3% as compared to the same period in 2015 to 135.424 million tons, the Central Dispatch Department of the Fuel and Energy Sector reported on April 2, 2016.
In addition to the production, in the first3 months, the oil export increased by 3.8% to 62.652 million tons. The oil export through the Transneft’s system to the non-CIS countries increased by 2.5% to 48.902 million tons.

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"Siberian Chemical Plant" plans to start pilot production of TiO2 in 2017.

"Siberian Chemical Plant" (SCP, part of Rosatom Fuel Company "TVEL") planned to launch pilot production of silica in the Tomsk region by the end of 2017, the head of the company Sergei Tochilin told reporters .
"We have received information on the preliminary results of tests of titanium dioxide samples, which the Tomsk Polytechnic University made, at four plants. Product quality is very high. Negotiations about investing in this project and on the extent of it are in progress: either it will be an intermediate pilot plant at 5 tons or go directly to the industrial production of 20 thousand tons", - he stated.

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Polyethylene from Nizhnekamskneftekhim receives approval from "Transneft" for anti-corrosion coatings.

Nizhnekamskneftekhim (NKNKh, part of the TAIF Group), a leading Russian producer of synthetic rubber and plastics, has received permission from the company "SRI Transneft" on use of Nizhnekamsk polyethylene of PE 6146KM grade as an external anti-corrosion layer composed of a three-layer coating system for metal gas and oil pipelines, the company informs.
Approval of "Research Institute of Transneft" was obtained after the tests carried out at the "Insulation Pipe Plant" (Peresvet) and JSC "Chelyabinsk Pipe Rolling Plant".

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Oil extraction in Russia rose by 5.3% to 43 mln tons in February

​Oil extraction in Russia rose by 5.3% to 43.064 mln tons in February 2016 against Feb 2015, the Central Dispatch Management of the Fuel and Energy sector reports.
Bashneft stayed the leader on the growth of oil extraction in February. The extraction made up 1.643 mln tons, by 11.4% more than in Feb 2015.
The extraction growth in February was also shown by Gazprom Neft – by 7.8% to 4.43 mln tons, Surgutneftegas – by 3% to 4.867 mln tons, Tatneft – by 8.4% to 2.213 mln tons.
Rosneft and Lukoil managed to increase the extraction (Rosneft by 2.9% to 15.828 mln tons, Lukoil- 0.1% to 6.673 mln tons), in January they reduced the extraction results.

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Bashkortostan’s head Rustem Khamitov: It’s difficult for regions to work with the largest strategic companies

The head of Bashkortostan Rustem Khamitov tells in an interview with the Kommersant, why it is necessary to develop a small business in such old industrial region as Bashkiria, about complexities of working with large industrial companies, about finding an alternative source of limestone for the Bashkir soda company, because it’s impossible to use the famous Mount Shikhany Tratau as a raw material.
- In the summer, the SCO and BRICS summits took place in Ufa, in October - Small Business Forum of the SCO and BRICS countries were held. In 2020, Ufa will hold World Folkloriad. Bashkiria has applied to host the Eurasian Women's Forum in2018, the International Children's Games in 2019, the forum of world beekeepers in 2021, and the World Congress of Philosophy in 2023. As the head of the republic, what do you primarily expect from these events - political dividends or economic ones?

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Metaclay to open an R&D center for the processing of polymer composites in "Skolkovo".

The Russian company Metaclay, a portfolio company of Rusnano, signed an agreement on the basic conditions of partnership and placing an R&D center in the innovation center "Skolkovo", the IC "Skolkovo" website informs.
It is planned that the center will greatly enhance the synergistic opportunities of Skolkovo ecosystem in the segment of composite materials.

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Polymer pipes output fell by 13.7% in September

​According to the Federal Service for Statistics, the index of industrial production in September 2015 made up 96.3% against September 2014, in Jan-September 2015 – 96.8%.
The index of chemicals production in September 2015 made up 109.3% against September 2014, in Jan-September 2015 – 106.5%.
The index of production of rubber and plastic goods in September 2015 made up 100.1% against September 2014, in Jan-September 2015 – 96.6%.
In September the entrepreneurs produced foil and polymer plain plates at the volume of 82.3 thousand tons against September 2014 (75.6 thousand tons). The production volume rose by 8.8% against August 2015, the growth in Jan-September 2015 made up 5%. The output of porous polymer sheets was 22.8 thousand tons, by 1% more than in September 2014 (22.6 thousand tons), by 6.6% more than in August, by 1.7% less than in Jan-September 2014. Non-porous polymer sheets output made up 20.3 thousand tons, by 1% less than in September 2014 (20.5 thousand tons) and by 6.2% less than in August 2015, the growth in Jan-September 2015 made up 2.9% against Jan-September 2014.

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Putin urges to stop using the dollar in the calculations within Russia.

Today at a meeting of the Presidential Commission on Energy the state and prospects of the oil, gas and coal industries were discussed. The head of state demanded the  stopping of the  use of foreign currency in the internal calculations and asked about entry to new energy markets. We could not allow a pause in investment  and should approach tax matters in this field carefully, he added.
"In recent years Russian fuel and energy sector has gained a good pace", - Vladimir Putin stated. Mostly thanks to the the decisons made in previous years, among which are the benefits of the development of fields in East Siberia and the shelf, the stimulation of deep oil refining and the production of high-quality motor fuels. New reserves were discovered, including the Arctic shelf. For example, the Kara oil and gas province.
"Russia is among the world leaders in oil and gas production", - the President stressed. In 2014 it produced 527 million tons of oil - slightly less than Saudi Arabia, and slightly more than the United States. Natural gas production was 578 billion cubic meters.

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Gazprom has attracted OMK, TMK and ChTPZ to gas motor fuel market development

​Gazprom’s head A. Miller and heads of OMK, TMK and ChTPZ signed memorandums in the sphere of gas use as motor fuel.
The main goals of cooperation of the parties are the turning of the equipment park of the pipe companies and their affiliates for natural gas as well as forming of favorable conditions for the development of the gas motor fuel market in Russia.
Pipe producers submit Gazprom the information on the plans of turning the equipment for gas and purchase of new gas motor fuel equipment. Gazprom will primarily inform its partners on the plans of expansion of gas infrastructure in the regions of activity of the pipe companies, and in case of necessity, correct these plans.
The parties agreed on the development and joint realization of the program of implementation of gas motor equipment, joint participation in similar sectoral and regional programs.

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