Kazanorgsintez produced a record amount of polyethylene

The volume of goods produced by "Kazanorgsintez" exceeded 1 million tons, including polyethylene 726 thousand 513 tons in 2017. This is the maximum amount of polyethylene in the entire history of the company. The capacity utilization rate increased from 92% in 2016 to 94% in 2017, and the volume index was 101.7% compared to the previous level in years. At the same time, the decline in ethylene supplies, despite the increase in own production 22 842 thousand tons compared to 2016, is not allowed to use capacity of the enterprise for the production of polyethylene.

For 2017, revenue from sales of commercial products amounted to 72 billion rubles, which is 4.5% lower than in 2016, and net profit — 15.2 billion rubles. The main impact on the decline in revenue was the price situation in the polyethylene market, while the price factor was offset partially by an increase in production in real terms.

In 2017, exports of "Kazanorgsintez" products in real terms increased by 16.8% compared to 2016, providing more than 15 billion rubles of revenue. In 2017, the company recommenced cooperation with Georgia, began to carry out deliveries to Croatia and Armenia.

Tax payments to all levels of the budget at the end of 2017 amounted to 8.6 billion rubles, including 5.46 billion rubles were transferred to the consolidated budget of the Republic of Tatarstan. "Kazanorgsintez" still pays great attention to environmental issues,

industrial safety and labor protection. Current costs of environmental protection in

the reporting year amounted to more than 440 million rubles, which is 7.2% higher than in 2016.

Activity of the enterprise in the field of industrial safety and labor protection is based on the principle of priority of life and health of employees. The cost of labor protection in 2017 exceeded 549 million rubles, which is 24.8% more than it was spent in 2016. The cost of measures to ensure industrial safety amounted to more than 2 billion rubles, which is more than last year by 41%.

The company continues modernization of production facilities and commissioning of new ones. 7.8 billion rubles were allocated to Finance capital construction projects, as well as to replace and upgrade equipment in 2017. Work is underway at the ethylene plant

for the construction of four new pyrolysis furnaces, the launch of three of which is scheduled for the end of 2018. The 2nd stage of the basic storage of hydrocarbon raw materials for storage of propane-butane fraction was put into operation. At the plant for the production and processing of high-density polyethylene upgraded reactor "C" with the installation of recovery system of waste gas. The two-circuit water circulation cooling system of polymerization reactors is constructed. The installation of FFS-sleeve film put into operation. The press release notes that autoclave reactors were replaced and the unit for packaging, palletizing and storage of commercial products was upgraded at the factory of low-density polyethylene