Company

"TAIF" mission

The work and development of "TAIF", its subsidiaries and development companies contribute, directly or indirectly, to the improvement of the economic and social environments and people’s welfare. Stand first among the companies responsible for Tatarstan and Russia progress – it is the mission of JSC TAIF.

TAIF biography

04-15-1995

The meeting held in the Kazan Kremlin with participation of President of Tatarstan M.Sh.Shaimiev where the decision was made upon the foundation of “TAIF” investment company.


1996

February

PSC TAIF was registered with the State Registration Chamber under the RT Ministry of Economy.

June

The subsidiary building company Meta-TAIF was founded. The Company actively participated in the implementation of the President’s Program of liquidation of dilapidated habitation

October

Design works on Cultural and Entertainment Complex Pyramid started.


1997

January

The investment company TAIF- Invest was founded.

April

LLC Karsar was founded.

June

The Ministry of Communications license was obtained by PSC “TAIF”. The license allowed commencing the project of implementation of GSM-900 mobile cellular system in Tatarstan.

July

A new branch – CJSC TAIF-NK – was founded in Nizhnekamsk.

August

Construction of the first line of Nizhnekamsk Refinery was started.

Foundation of Private Security Company Kennard.

September

The building company MT-Service was founded.

December

Construction of the first line of the Cultural and Entertainment Complex Pyramid was completed, i.e. the underground parking lot with gasoline filling station and car wash was commissioned.

Two 12-storey apartment houses were put into service under the Program of liquidation of dilapidated habitation.

 

1998

July

“Strojmarket” store was opened in the Privolzhsky District of Kazan.

August

CJSC “TAIF-Service” was founded to provide various public service.

November

Foundation of subsidiary TAIF-TELCOM cellular mobile operator (trade mark "Santel").


1999

January

LLC TAIF-Magistral was founded.

February

LLC Karsar had got the status of a customs broker, the first one in Tatarstan.

March

The first call via cellular network Santel was made.

Foundation of CJSC TAIF-Art for operation of Pyramid complex.

April

The shares of OJSC Kazanorgsintez were introduced to the international stock market by Level 1 American Depositary Receipts (ADR).

October

Foundation of OJSC TV and Radio Broadcasting Company TVT.

TAIF-ST was established to further develop the building business line.

The construction of the first line of the cellular network Santel was completed.


2000

January

OJSC Intelligent Networks, the fixed wire operator, was established.

March

Commercial Bank Avers joined TAIF Group.

April

Foundation of Avers Insurance Company.

June

The Dealing center was opened based on LLC TAIF-Invest.

The new branch of LLC “KARSAR” – Karsar-NK – was established in Nizhnekamsk.

December

OJSC IntelSet had become Internet service provider giving Internet access to legal entities and individuals.


2001

March

Presentation of OJSC IntelSet, completion of new Automatic Telephone Exchange –77/78 precommissioning.

Bank Avers had increased its charter capital up to RUR 600 mln.

The project – TV and Radio Broadcasting company TVT “The Multimedia Network of Kazan” - started.

August

LLC Karsar had got the license for brokerage throughout the Volga Region.

Foundation of OJSC TV and Radio Broadcasting Company New Age (“Novij Vek”).

September

LLC Karsar set up the refueling complex in Orenburgsky Trakt str., the largest in the Volga Region.

October

Avers Bank implemented new services including joint projects with Santel cellular network (settlements through plastic cards, “mobile bank”, etc.).

November

Three-message advertising signs (prismatron) were put into operation in Kazan in the city-center.

December

Santel cellular network connected the 100-thousandth subscriber.

PSC TAIF acquired ELOU-AVT-7 crude oil distillation unit in ownership.


2002

February

OJSC IntelSet started services in Naberezhniye Chelni.

March

Production and Construction Corporation Kazan (LLC PCC Kazan) was established. The Corporation included all building and construction companies of TAIF GROUP. OJSC TV and Radio Broadcasting Company TVT had won the license of the Ministry for Press, Television and Radio Broadcasting and Mass Communications (MPTR) of the Russian Federation for broadcasting at a frequency of FM 105,3.

April

The shopping center of LLC Vostok-T, the largest in the south-east of Tatarstan, was opened in Bugulma.

May

Foundation of the new branch of LLC “KARSAR” - Karsar-A - in Almetievsk.

August

OJSC TV and Radio Broadcasting Company New Age (“Novij Vek”) and OJSC TV and Radio Broadcasting Company TVT radio stations started their broadcasting.

The new digital station of “IntelSet” company started operations in Azino-1 district of Kazan providing a wide range of up-to-date communication services.

September

Santel cellular network had got the 200-thousandth subscriber.

December

Presentation of Pyramid Cultural and Entertainment Complex.


2003

March

PSC “TAIF” was ranked as “Business Leader” based on the rating research made by The Graduate Institute of Business & Management of Geneva within the international program “Constellation of Business Leaders”. A star in Lion constellation was named after TAIF.

April

OJSC TAIF-TELCOM controlling stake was sold to OJSC MTS, the biggest operator in Central and Eastern Europe.

For high operational results reached by TAIF GROUP, General Director of PSC TAIF Albert Shigaboutdinov was honored as the prizewinner of “Financier of the Year” program in nomination “Stock market and investments”.

June

Albert K. Shigaboutdinov, General Director of PSC TAIF, was elected as the Chairman of the Supervisory Board of OJSC Kazanorgsintez.

TAIF Company and its General Director, Albert Shigaboutdinov, were awarded the Gold Medal of the Russian-Swiss business club “For Spotless Business Reputation”.

An office complex was opened in Akademicheskaya Str., Kazan. The complex is of the highest international standards.

July

The controlling stake of OJSC “Kazanorgsintez” was acquired. The Company entered TAIF GROUP.

August

Anniversary of TV Company New Age (“Novij Vek”) broadcasting was celebrated.

September

Two new companies, CJSC Concrete Structure Plant and OJSC NMU-3, were included into the construction sector of PSC TAIF.

LLC TAIF-Magistral acquired a berth. A non-metallic construction materials grading unit with a washer was put into operation.

TV and Radio Broadcasting Company TVT opened its branch office in the city of Naberezhniye Chelni.

October

Radik Shaimiev, the race-car driver of “TAIF” Sport Club, became the winner of European Autocross Championship 2003.

November

A capsule with a message for future generations was laid at a ceremony in Nizhnekamsk as an official start of construction of an auto-petrol plant by PSC TAIF.


2004

January

TAIF-TELCOM became the winner of the first stage of Business Leader of the Volga Region contest held by the Privolzhsky Federal District.

February

On the first solemn prize-giving ceremony of the Russian National Award "Russian Creators" ("Rossijskie Sozidateli") held in the State Central Concert Hall "Russia" (Moscow) a Diploma and a memorable statuette were awarded to General Director of PSC TAIF, Albert K. Shigaboutdinov, in the nomination "Construction Investments".

March

The first five-star hotel in the Republic of Tatarstan, "Mirage", was opened. Ordering party was LTD Nira-Export. The project was financed through TAIF Group of Companies loans as well as the credit line of a western bank opened against TAIF collateral.

May

OJSC Kazanorgsintez and the American company Univation Technologies signed a contract on providing OJSC Kazanorgsintez with the license for engineering, construction, manufacture and sale worldwide of linear and bimodal polyethylene with the total capacity of 440 tons per year.

June

The employees of the third Nizhnekamsk Construction Department celebrated their 30th Anniversary. In 2003, OJSC NMU-3 (Nizhnekamsk Construction Department) joined LLC Production and Construction Corporation Kazan of TAIF GROUP.

August

A presentation of the book "Tatar Cuisine" dedicated to the 1000th Anniversary of Kazan was held. It was the joint project of PSC “TAIF” and LLC Foto Art.

September

OJSC IntelSet obtained the status of Authorized LCS Installer of Legrand and now OJSC IntelSet can represent the LCS Warranty for Legrand structured cabling system equipment for 20 years period.

LLC “Neftekhim-Energo” was established.

October

Sberbank of Russia, PSC TAIF and OJSC Kazanorgsintez signed a General Agreement for Cooperation stipulating opening the credit line of up to USD 840 million for OJSC Kazanorgsintez strategic development.

The groundbreaking ceremony of the shopping and entertainment complex "Detsky Mir" took place in Kazan city-center. To implement the project, PSC "TAIF" and Joint-Stock Financial Corporation "Sistema" (Moscow) established OJSC “Shopping and Entertainment Complex “Kazan” at par in 2003.

December

OJSC "Kazanorgsintez" announced the beginning of actual building and construction works on production facilities of four projects at once of the complex strategic development program.

Radik M. Shaimiev, Chief Advisor of the General Director of PSC "TAIF", was awarded the Silver Medal of the Russian Academy of Arts for the idea, design, engineering, and construction of the Cultural and Entertainment Complex "Pyramid" in Kazan.

OJSC "TV and Radio Broadcasting Company "New age" (“Novij Vek”) opened a new studio in the Culture and Entertainment Complex "Pyramid".

Kekin House was opened after its restoration in Kazan. It is an object of cultural heritage of the federal level. In 2000, the building was acquired by TAIF GROUP which decided to make its reconstruction retaining historical image of the building.


2005

January

General Director of PSC "TAIF", Albert K. Shigaboutdinov, was awarded a Diploma and the Medal of Peter the Great "For Labor Value" of the Russian Public Commission.

TAIF GROUP had become the holder of the blocking stake of OJSC “Nizhnekamskneftekhim”.

February

General Director of OJSC "Kazanorgsintez" , Leonid S. Alekhin, was awarded in the nomination "The best director of chemicals and petrochemicals company". Dzhamil D. Salyakhov, General Director of LLC "Kazan silicate walling material plant", was awarded in the nomination "The best director of building materials industry". The General Director of OJSC "TAIF-TELCOM", Zarif G, Zakirov was awarded in the nomination "The best director of a communication company".

April

President of the Republic of Tatarstan, Mintimer Shaimiev, presented in Kazan Kremlin honorable state awards and titles of the Russian Federation and the Republic of Tatarstan. General Director of OJSC “Kazanorgsintez”, Leonid Alekhin, was awarded the title of “Honored Chemist of the Republic of Tatarstan”.

May

Kazan water polo club “Sintez” received the bronze medal of the Russian Water Polo Championship in the second game of the “small final” with “Dinamo-Olympijskij” club from Moscow.

June

On the Annual General Shareholders Meeting of PSC “TAIF”, Prime Minister of the Republic of Tatarstan, Rustam Minnihanov, announced that TAIF Group of Companies is among the five budget-forming companies of the Republic.

August

The presentation of two new books of the famous photographer, Honored Worker of Culture of the Russian Federation, Laureate of State Prize in literature and art, Mikhail Medvedev, took place. The books “A bird’s-eye view of Tatarstan” and “Portfolio - Kazan” are issued under the joint project of PSC “TAIF” and LLC “FOTO-ART” and are a part of the Kazan Anniversary gift line.

In the Cultural and Entertainment Complex “Pyramid”, PSC “TAIF” and “21 Century” Advertising Agency had carried out the public presentation of the book “Saga of Kazan”, written by famous writer and poet, journalist and historian, Ravil Bukharaev. It is the most complete study of the Kazan history among all issued books dedicated to the anniversary.

PSC “TAIF” acquired from OJSC “Tatneft” and OJSC “Nizhnekamskneftekhim” their part of Nizhnekamsk oil refinery production complex.

Acquisition from Tatneft Group of Companies of the production facility units supplementary to the refinery plant for the total amount of RUR 340 mln.

September

Broadcasting of the popular radio station “Love radio” on a frequency of 107,8 FM in Kazan had become the new project implemented by TV and Radio Broadcasting Company “New Age” (“Novij Vek”).

PSC «TAIF», for the first time in Russia, started the purchase of crude oil for further processing on free market prices in the amount of 650 thousand tons on a monthly basis.

October

Kazan water polo team “Sintez” won the Russia Cup.

TAIF GROUP had become the holder of the blocking stake of OJSC “Tatnefteprodukt”.

November

The first commercial output of linear polyethylene was produced at OJSC “Kazanorgsintez”.

December

The auto-petrol plant “TAIF-NK” was put into operation. The first produced lot of motor gasoline met all project requirements.

Albert Shigaboutdinov, General Director of PSC “TAIF”, and Viktor Vekselberg, Executive Director for gas industry development of OJSC “TNK-BP Management” had signed a memorandum of understanding considering the possibility of signing a long-term contract for ethane supply.

“TAIF” Group of Companies had announced the sale of its subsidiary - interbranch insurance company “AVERS”.


2006

January

OJSC "Kazanorgsintez" was awarded the bronze medal for its new low-density polyethylene production development in World Exhibition of Innovation, Research and New Technologies “Brussels - Eureka”.

February

Ministry of Land and Property Relations of the Republic of Tatarstan with its 100% block of OJSC “Radioteleset” shares decided to reorganize the company by its affiliation with OJSC “TV and Radio Broadcasting Company “TVT”.

March

CJSC “TAIF-NK” announced the output of the first commercial lot of motor gasoline. The Company started shipment of motor gasoline of grades AI-80 (80 octane), AI-92 (92 octane), and AI-95 (95 octane) to OJSC “Tatnefteproduct” operating as an exclusive trader of PSC “TAIF” for sales of Nizhnekamsk Refinery products.

April

New Board of Directors was elected on the Annual Shareholders Meeting of OJSC “Nizhnekamskneftekhim” with nine out of seventeen seats in the Board given to the representatives of “TAIF” Group of Companies. Albert Shigaboutdinov, General Director of PSC “TAIF”, was elected as the Chairman of the Board.

June

The Annual General Shareholders Meeting of PSC “TAIF” was held with participation of Prime Minister of Tatarstan Rustam Minnikhanov. The Prime Minister outlined the future development of TAIF Group of Companies. In this way, TAIF GROUP is to reach output volumes up to USD 10 bln by 2010 against USD 3 bln in 2005. As a result of the large-scale projects implemented in the petrochemical sector, TAIF GROUP is to become the only Russian producer of the range of petrochemical products.

The new Board of Directors was elected on the Annual General Shareholders Meeting of OJSC “Tattelecom” with three members being representatives of TAIF GROUP. Albert Shigaboutdinov, General Director of PSC “TAIF”, was elected as the Chairman of the Board.

July

The ceremony of opening and start-up of extruded polystyrene foam production at OJSC “Chemical Plant named after Karpov” took place in Mendeleevsk. The ceremony was attended by President of the Republic of Tatarstan Mintimer Shaimiev. The new product is the most efficient energy-saving insulating material

An Ordinary General Shareholders Meeting of OJSC “Kazanorgsintez” Board of Directors was held chaired by General Director of PSC “TAIF” Albert Shigaboutdinov. The new Board structure was approved at the Meeting. Now the Board included four committees, i.e. for strategic planning, audit, staff policy and remuneration, and corporate conflicts.

August

General Director of PSC “TAIF” Albert Shigaboutdinov was the winner of the Tatarstan Public Contest “Executive of the Year 2005” in the nomination “For Investment Activity”.

September

LLC «TAIF-Finance» placed in full its primary bond issue worth RUR 4 bln. The issue was placed on MICEX on September 14. The first coupon rate of LLC «TAIF-Finance» was 8.42% per annum. The issue amounted to 4 mln bonds of RUR 1 thousand par value. After the first issue results have been studied, the Company will consider over the second issue for RUR 5 bln for the 5-year maturity period.

October

The opening events devoted to the construction and start-up of the auto-petrol plant, the gas condensate separation plant at OJSC “TAIF-NK”, and the opening of the polypropylene production facility at OJSC “Nizhnekamskneftekhin” by TAIF Group of Companies took place in Nizhnekamsk yesterday with the participation of President of the Republic of Tatarstan Mintimer Shaimiev.

In October, “Forbes” magazine published the rating list of the top 200 largest private companies with the fourth position taken by TAIF GROUP after such companies as RUSAL, GAZ Group, and Ural Mining and Metallurgical Company.

November

For activities in environmental control and management OJSC “Nizhnekamskneftekhim” was awarded the title of “The Leader in Environmental Control of Russia 2006”, and the Company’s General Director V. Busygin was awarded the Order “Ecological Shield of Russia”.

December

The group of OJSC “Nizhnekamskneftekhim” specialists were awarded the title of "The Laureate of State Prize of the Republic of Tatarstan in Science and Engineering” for 2006 for achievements and contribution into development of human, natural, and engineering sciences, development and introduction of revolutionary technologies, outstanding production results reached based on implementation of scientific and engineering achievements.

The consolidation of main telecommunication assets of PSC TAIF was carried out. Since December 1, 2006, OJSC “IntelSet” was liquidated by the reorganization in terms of integration into OJSC “TV and Radio Broadcasting Ńompany "TVT".


2007

January

The ceremony of start-up of the second rubber finishing line “Welding” at Butyl Rubber Plant of OJSC “Nizhnekamskneftekhim” was held within the framework of a program on expanding the total capacity for butyl and halobutyl rubbers up to 120 thousand tons per year. “Welding” is a multipurpose line designed to produce and dry butyl and halobutyl rubbers. With “Welding 2” put in operation, the halobutyl production volumes are promisingly expected to double at the Company.

February

OJSC “Nizhnekamskneftekhim” ranked first per the results of VI All-Russian contest “Russian Organization of High Social Efficiency 2006” in the nomination “Professional Skill, Training and Retraining System”.

The construction and start-up of oxidized road bitumen production at the Refinery Plant of OJSC “TAIF-NK” was carried out.

The Ordinary General Shareholders Meeting of OJSC “Nizhnekamskneftekhim” Board of Directors was held. The Meeting approved the Strategic Development Program of the Company for 2008-2012.

March

Super Grand Prix for contribution to the development of petrochemical industry of Russia, Grand Prix for the quality of synthetic rubbers produced by the Company, and 6 medals given for the best results in quality of the presented samples of production – such results were shown by OJSC “Nizhnekamskneftekhim” on the Tenth International Specialized Exhibition “Tires. Rubber-Technical Goods. Rubbers 2007” that took place in the Expocenter in Moscow in the middle of March.

May

Kazan water polo club “Sintez” had two splendid achievements –became the Champion of the Russian Federation, and won the Len Trophy Award. For 30 years already, “Sintez” water-polo club has been owned by the only and indispensable founder, OJSC “Kazanorgsintez”.

June

the Annual General Shareholders Meeting of PSC “TAIF” took place today. The shareholders summarized the results of the Company’s performance for 2006. The Meeting was attended by Prime Minister of the Republic of Tatarstan Rustam Minnikhanov. During the year under report, TAIF GROUP was focused on the large-scale projects of upgrading the chemicals, petrochemicals, oil & gas refinery complex. In 2006, oil, gas, and petrochemical companies of TAIF GROUP generated 38% of sales volume and over 16% of added value of oil and gas sector of the Republic of Tatarstan. The Shareholders Meeting re-elected the Board of PSC “TAIF” leaving the list of the members unchanged. Rustem Sulteev retained the position of the Chairman of the Board.

August

The events dedicates to celebration of 40 years from the day the first production on “Nizhnekamskneftekhim” was received took place in Nizhnekamsk with the participation of the President of the Republic of Tatarstan Mintimer Shaimiev. At the same day, this company of TAIF Group put into commercial operation the other production facilities: the gas-turbine unit, the second line of halo-butyl-rubber finishing («Welding-2»), as well as the Bitumen plant on the refinery facility OJSC «TAIF-NK».

October

A bisphenol-A production plant of OJSC “Kazanorgsintez” for the first time synthesized and launched the commercial production of Bisphenol-A. This is the first plant for production of Bisphenol in the Russian Federation.

November

A municipal water treatment plant was commissioned in Nizhnekamsk. The plant is based on LLC “Water Treatment Plant - Nizhnekamskneftekhim”, founded in 2007.

December

The refinery complex of OJSC “TAIF-NK” was voted the best Refinery – 2007 by the Roundtable for refinery and petrochemicals in Russia and the CIS countries, being carried annually by WRA (The World Refining Association).


2008

February

OJSC “Nizhnekamskneftekhim” won the Grand Prix Award of the VII Russian Contest “Russian Organization of high social efficiency - 2007”.

March

“Nizhnekamskneftekhim” INC was honored with Grand Prix "For generation and commercialization of the novel types of high quality products and contribution to the Russian petrochemical industry advancement" per the results of the contest held within the framework of XI International Specialized Exhibition "Tires & Rubber - 2008". All 6 types of rubber, currently produced at the Company (isoprene, butyl, BIIR, CIIR, LiBR, NdBR), were recognized for their quality with the award of the Exhibition gold medals.

April

OJSC “TAIF-NK” which is a part of TAIF Group of Companies, started the output of its new product – jet kerosene. The design capacity of the jet fuel production facilities of OJSC “TAIF-NK” is 600 thousand tons per year.

May

The results of the OJSC “Nizhnekamskneftekhim” ecological activity and sustainable development were highly appraised by the Expert Council and Jury of the National Ecology Prize “EkoMir” (EcoWorld). The Company was announced the winner in the nomination “”Ecological Science & Technologies” for the successful implementation of the “Environmental Management Program 2004-2008” and “Ecological Program 2007-2015”. OJSC “Nizhnekamskneftekhim” was awarded the money award of the Government of the Russian Federation in the sphere of quality for the significant results achieved by the Company in the improvement of production quality and implementation of effective methods of quality management.

The 10 millionth ton of ethylene was produced at OJSC “Nizhnekamskneftekhim”.

June

Today, the Annual General Shareholders Meeting of OJSC “Tatatelecom” was held attended by Prime Minister of the Republic of Tatarstan Rustam Minnikhanov. A new Board of Directors was approved. General Director of PSC “TAIF” Albert Shigaboutdinov was reelected as the Chairman.

General Director of PSC “TAIF” Albert Shigaboutdinov was awarded the medal “For Assistance to the Ministry of Internal Affairs (MVD) of Russia”. Rashid Nurgaliev, Minister of Internal Affairs of the Russian Federation, issued the respective order.

International Investment Conference held by the government of the Republic of Tatarstan and the Islamic Development Bank started today in Kazan. The conference gathered some 170 financial experts, businessman, and government representatives from 19 world countries. PSC “TAIF” General Director Albert Shigaboutdinov made a report on the realization of the large-scale investment programs and the development of “TAIF” GROUP companies.

July

International Anniversary Scientific and Practical Conference "Advanced Technologies and Prospective Development of JSC "Kazanorgsintez" devoted to 50th anniversary of company foundation and 45th anniversary of the first product output commenced in Cultural and Entertainment Complex “Pyramid”. The representatives of the major Tatarstan companies, such as JSC "Nizhnekamskneftekhim", "TAIF NK", JSC "Tatneftekhiminvestholdng", took part in the conference, as well as, the Russian and foreign companies representing oil and gas chemical industry.

August

OJSC “Nizhnekamskneftekhim” has become the largest polystyrene producer in Russia. The polystyrene production plant was commissioned at Nizhnekamsk yesterday with the output capacity of 50 thousand tons per year. It was the third line of the new plant of the Company. The first two lines, commissioned within the last five years, produce 120 thousand tons of polystyrene per year. The production mix includes ten grades of general purpose polystyrene and high-impact polystyrene being in demand not only in Russia but abroad.

September

The celebration events took place in Nizhnekamsk dedicated to the ING Bank N.V. issue of a syndicated loan facility worth USD 500 million in favor of OJSC “TAIF-NK”, the Company of TAIF GROUP. The celebration was attended by Prime Minister of the Republic of Tatarstan Rustam Minnikhanov. The business meetings were held between the representatives of the foreign banks, the managers of the TAIF GROUP and Tatarstan companies to discuss the ways of further mutually beneficial cooperation. The events devoted to the 50th anniversary of the OJSC “Kazanorgsintez” foundation and the 45th anniversary of its first production output included the commissioning of a new polycarbonates plant, the fist one in Russia and the CIS countries. This event indicated the completion of the first stage of the OJSC “Kazanorgsintez” strategic development program being implemented in cooperation with TAIF Group of Companies. President of the Republic of Tatarstan Mintimer Shaimiev participated in the events.

October

Vladimir Kirillov, Head of the Federal Service for Supervision of Natural Resources Management (Rosprirodnadzor) paid an information visit to OJSC “Nizhnekamksneftekhim”. The Head of the Environmental Authority pointed out his satisfaction with the environment protection measures taken by the Company.

An under-construction PE Facility of "Nizhnekamskneftekhim" INC completed a unique operation of erecting the last large-sized installation – a Flare Unit totaling 100 m high. To date, the Facility is practically ready to pre-commission major polymerization and extrusion process units, process lines piping is nearing completion, electrical equipment is being prepared for pre-commissioning.

November

“Rubin” football club from Kazan for the first time in its history became the Champion of the Russian Football Championship. The highest awards of the Russian Championship were received during the year of the 50th, “gold” anniversary of the Club.

OJSC “Nizhnekamskneftekhim” Polystyrene plant received the 500 thousandth ton of polystyrene since the production start-up. The first line of this production was put into operation in summer 2003.


2009

May

Jet engine fuel, grade RT, produced by OJSC “TAIF-NK” successfully passed the tests and got a certificate of compliance with all the requirements for a top-class fuel. This certificate allows conducting distribution of jet fuel produced by OJSC “TAIF-NK” among a broad spectrum of Russian customers.

June

OJSC "Nizhnekamskneftekhim" won a First Class “Ecomir” Prize for «Environmental policy». The solemn ceremony of awarding the National Environmental Prize “Ecomir-2009” took place on June 4 in the State Duma of the Federal Assembly of the Russian Federation.

August

Upon completion of the Republican competition “EKOleader” OJSC “Nizhnekamskneftekhim” was awarded a Winner Diploma “For Efficient Environmental Program”.

September

The achievements of the enterprises OJSC “Nizhnekamskneftekhim”, OJSC “Kazanorgsintez” and OJSC “TAIF-NK” that are parts of TAIF Group at the 16th International Expo “Oil. Gas. Petrocehmistry-2009” conducted from 9 to 11 September this year in the “Kazan Fair” Exhibition Center.

OJSC “Nizhnekamskneftekhim” was awarded a Grand Prix as well as First Class Diplomas “ For Organization of Butadiene Rubber Production”, “For High Level Scientific and Research Technological Developments for Oil Processing and Petrochemical Industry” and “For the Best Booth Design”

OJSC «Kazanorgsintez» was awarded a Grand Prix Diploma for production of a high density bimodal polyethylene composition, grade PE2NT11-285D, and other diplomas. OJSC “TAIF-NK” received a diploma for “Products with New and Improved Characteristics” in regards to gasoline Premium Euro-95 of Euro-4 level.

October

Excellent quality of the production of OJSC “Nizhnekamskneftekhim” was acknowledged again by the international expo awards, this time at the 15th Specialized Chemical Industry and Science Exhibition “Chemistry-2009” held in Moscow.

All types of synthetic rubber were awarded by diplomas and medals. Nizhnekamsk plastics – polyethylene, polypropylene, polystyrenes (shockproof and general-purpose) – received four First Class Diplomas and some medals.

The Government Commission on the Improvement of National Economy’s Stability headed by the Senior Vice-Premier Mr. Igor Shuvalov approved granting state guarantees to four Russian companies to the total amount of almost 26 bln. rubles, including 10 bln. to “Kazanorgsintez” and 7,5 bln. to PSC “TAIF”.

November

Prime-Minister of the Russian Federation Vladimir Putin held a meeting in Nizhnekamsk in regards to the issues of the development of gas and petrochemical industries in Russia. In the result of the meeting, the Head of the Russian Government said that the suppliers and consumers in the petrochemical area had managed to agree on prices, terms and volumes of supply. OJSC “Kazanorgsintez” and OJSC “Gazprom” had come to an agreement in regards to a new structure of ethane supply. Vladimir Putin also visited OJSC “Nizhnekamskneftekhim”.

December

Upon the results of the 11th International Specialized Exhibition “Energy. Resource Saving” and 10th International Symposium “Efficiency of Energy and Resources and Energy Saving” OJSC “Kazanorgsintez” was awarded a Grand Prix for optical polycarbonate for “Products with New or Improved Characteristics in regards to Minimization of Specific Consumption of Fuel and Energy Sources and Materials in the Process of Production” and a Golden Diploma for the liquid carbon dioxide production technique.


2010

March

OJSC TAIF established power company TGK-16 that was created based on acquired from Tatenergo Kazan TEC-3 and Nizhnekamsk TEC-1. TGC-16 was designed to provide heat and electricity companies in the Group TAIF - Kazanorgsintez and Nizhnekamskneftekhim.

May

Kazan water polo club "Synthesis" was the silver medalist Russia in water polo. For over 30 years Kazanorgsintez is undisputed founder of the masters' team, "Synthesis ofwater polo.

August

LLC “PSO-Kazan” ceased to be a part of TAIF Group and became an independent entity. LLC “SPO-Kazan” was established to substitute the abovementioned company in TAIF Group’s construction sector. The main operation areas of LLC “SPO “Kazan”, which embraces 7 companies, are construction of industrial and civil facilities, engineering of buildings and constructions and reconstruction of historical and architectural memorials.


2011

April

The Annual General Meeting of PSC “TAIF” Shareholders was held to summarize the company’s performance in 2010. The President of Tatarstan Republic Mr. Rustam Minnikhanov took part in the meeting. In the reporting year, TAIF Group’s aggregate revenue amounted to RUB 340 billion. EBITDA exceeded RUB 50 billion. In the meeting, a new Board of Directors was elected with Mr. Rustem Sulteev reelected as its chairman.


2012

February

A basic engineering contract for a VEBA COMBI CRACKER process based unit was signed between TAIF-NK PSC and an American engineering company Kellogg Brown and Root (USA). Application of VCC process will enable to reach at least 90-95% of Tatarstan’s oil conversion depth at TAIF-NK PSC’s refinery, total profitability of the refinery will grow 1.7-2 times. Design and construction of the VCC-based unit constitute the final stage of modernization and development of TAIF-NK PSC’s refinery.

Albert Shigabutdinov, General Director, TAIF PSC became a laureate of the Eleventh International Prize The Person of the Year in the nomination For Successful Business Strategy. The prize established by RBK media holding is annually awarded to the persons, who reached outstanding professional results for the sake of development and prosperity of Russia.

TAIF Group became a winner of the republican contest The Philanthropist of the Year – 2011 in the nomination Guarantor of Good Deeds. TAIF Group took an active part in recovery and restoration of cultural property sites of the Republic of Tatarstan, and revival of an ancient town of Bulgar and a town island of Sviyazhsk, supported children from large and needy families, participated in creation of a foundation for the victims of Bulgariya motor ship wreck, and so on.

June

Euro-5 emission standard diesel fuel production plant was launched, for the first time in Russia, at full capacity (over 2.25 MTA) at TAIF-NK PSC in Nizhnekamsk.

November

A solemn function to mark an official construction start of a heavy oil residues conversion complex (HRCC) based on a unique Veba Combi Cracking (VCC) process took place at TAIF-NK PSC’s refinery in Nizhnekamsk. Time capsules were buried into the foundation of the Complex.


2013

March

By the Decree of the President of Russia Vladimir Putin, the Order of Friendship for labor achievements and many years of diligent work was awarded to Albert Shigabutdinov, General Director, TAIF PSC.

April

By the Order of the Minister of Defense of the Russian Federation Sergey Shoigu, a medal For Strengthening Comradeship in Arms was awarded to Albert Shigabutdinov, Director General, TAIF PSC.

September

A jubilee scientific and practical conference devoted to the 55th anniversary from the establishment and the 50th anniversary from the first product output of Kazanorgsintez OJSC took place.

October

By the Decree of the President of Tatarstan, Rustem Sulteev, Deputy General Director, Production and Commerce – First Deputy General Director, TAIF PSC, was awarded an order of Merit for the Republic of Tatarstan.


2014

April

An official function to mark the launch of the fourth polystyrene production train was held at Nizhnekamskneftekhim OJSC in Nizhnekamsk. The construction of the train began in the first quarter of 2013 and on December 27, 2013 the commissioning work commenced. The function was attended by Rustam Minnikhanov, the President of the Republic of Tatarstan.
GE and TGK-16 OJSC, a company of TAIF Group, signed a turnkey ĹĐŃ-contract for the modernization of Kazan CHP-3 Plant on the basis of a gas turbine unit.

2015

April

By the Decree of Vladimir Putin, the President of the Russian Federation, dd. April 04, 2015 No 171 On Awarding State Decorations of the Russian Federation” the title of an Honored Economist of the Russian Federation was awarded to Guzeliya Safina, Deputy General Director, Economy and Finance, TAIF PSC and the title of an Honored Chemist of the Russian Federation was awarded to Vladimir Presnyakov, Deputy General Director, Petrochemicals and Oil Refining, TAIF PSC.

May

By the Decree of Vladimir Putin, the President of the Russian Federation, dd. May 29, 2015 a second-class medal of the Order for the Merit to the Fatherland was awarded to Rustem Sulteev, Deputy General Director, Production and Commerce – First Deputy General Director, TAIF PSC for a significant contribution in the social and economic development of the Russian Federation, a fruitful labor, intense public activity and a long-term dedicated work

August

Agreements were signed on the purchase of 49% of shares of Tatnefteproduńt Holding Company PSC owned by other majority shareholders, by TAIF Group.

September

It is the 25th anniversary of the establishment of the Kazan Foreign Trade Research and Production Association, on the basis of which TAIF PSC was established on August 11, 1995.

November

Employees of Nizhnekamskneftekhim PJSC received keys to new apartments in the modern residential building No. 9 on F. Tabeev Street in 47th microdistrict of Nizhnekamsk. 120 apartments — 60 two-room apartments and the same number of three-room apartments — were distributed among the company's employees on preferential terms under the additional housing construction program within the corporate Housing policy. TAIF-NK PSC launched the commercial production of Euro-5 environmental standard gasoline. TAIF-NK PSC launched production of Euro-5 class gasolines ahead of the Technical Regulation of the Russian Government on Requirements for Automobile and Aviation Gasoline, Diesel and Marine Fuel for Jet engines and Heating Oil.

December

The first residential building of Salavat Coopere Residential Complex, built under the program to provide employees of TAIF Group in need of better housing conditions, welcomed the new tenants. Employees of Kazanorgsintez PJSC and TGC-16 PSC received the keys to the long-awaited apartments.


2016

April

Karsar LLC and Telecom Management LLC, the companies of TAIF Group, signed share purchase agreements for Avtodorstroy LLC, which manages the Avtodorstroy branded chain. With the acquisition of Avtodorstroy filling station chain, the share of TAIF Group's filling station chain in Tatarstan increased by 6%. A formal function was held to start up Welding’s fourth line for the separation and drying of rubber at Butyl Rubber Plant of Nizhnekamskneftekhim PJSC.

June

Bank AVERS LLC connected to Mir National Payment System.

September

A function to mark launching a new power generation facility of Grid Company PSC, Begishevo 220 kV Substation, took place in Tukaevsky municipal district of Tatarstan.


2017

June

TAIF Group and LINDE AG signed a Memorandum of Strategic Cooperation in the framework of the St. Petersburg International Economic Forum in the presence of Vladimir Putin, the President of the Russian Federation, Rustam Minnikhanov, the President of the Republic of Tatarstan, and Horst Seehofer, the Prime Minister of Bavaria (Federal Republic of Germany).
After a large-scale revamp, the in-plant wastewater treatment facility was launched at TAIF-NK Oil Refinery Plant.
Rustam Minnikhanov, the President of Tatarstan, launched a new 405.6 MW power generating unit at Kazan CHPP-3 of TGC-16 PSC.

September

Nizhnekamskneftekhim PJSC held a formal function to start up a 100 KTA high-concentration formaldehyde production unit at the company's Isoprene-Monomer Plant in Nizhnekamsk.

October

Kazanorgsintez PJSC and Univation Technologies signed an agreement on long-term strategic cooperation in Houston (Texas, USA). The agreement was signed within Texas–Tatarstan business forum held in the United States. The cooperation agreement provides for further development of the production of high-density polyethylene (HDPE) at Kazanorgsintez PJSC and an increase in the capacity of HDPE by 150 KTA – up to 660 KTA, and further joint development of catalyst production.

December

In Milan, as part of a working visit, Nizhnekamskneftekhim PJSC and Pirelli signed a new long-term agreement on the supply of synthetic rubber for the next 5 years.
In Munich, TAIF Group and Siemens LLC ńoncluded a contract to construct a new power plant on a turnkey basis for Nizhnekamskneftekhim PJSC in Tatarstan.


2018

March

A formal function to start up a new three-layer tubular FFS-film production unit took place at Kazanorgsintez PJSC.

May

Sintez water polo team won the 2017/2018 Admiral Fyodor Ushakov Cup in the Russian Super Cup.
As part of St. Petersburg International Economic Forum, Nizhnekamskneftekhim PJSC signed a long-term loan agreement with Deutsche Bank AG to finance the project for construction of an olefin complex with the capacity of 600 KTA ethylene. Euler Hermes ECA supported agreement is for EUR 807 million and will be valid until 2032. Five German banks will act as lenders: in addition to Deutsche Bank, funding will be provided by UniCredit Bank AG, Bayerische Landesbank, Landesbank Baden-Wurttemberg, and DZ BANK AG.
The isoprene-monomer plant commissioned isobutylene production with a capacity of 160 thousand tons per year. Isobutylene is a raw material for the production of isoprene which is the main component in the production of synthetic isoprene and butyl rubbers widely used in the tire industry for the production of rubber products for various purposes. Isobutylene is also used in Nizhnekamskneftekhim PJSC to obtain organoaluminum compounds.

August

Vladimir Putin, the President of the Russian Federation, presented the national award – Order of Honour – to Albert Shigabutdinov, Director General of TAIF PSC, “for labour achievements, community activity, and long-term conscientious work.”

October

On the sidelines of the 2018 Russian Energy Week Forum, Nizhnekamskneftekhim PJSC signed a long-term loan agreement covered by the insurance policy of Euler Hermes for about EUR 240 million until the end of 2033. The creditor was a consortium of six banks, mainly representing the Federal Republic of Germany and Deutsche Bank AG. The funds of the credit line will be used to finance the contract with Siemens as part of the project for the construction of a new 495 MW power plant (CCGT-TPP) being implemented by Nizhnekamskneftekhim PJSC.
The long-awaited opening of the renovated park and slope near Kazan NCC took place. The improvement of this territory was carried out as part of TAIF's charitable activities. TAIF Group together with Tatnefteprovodstroy OJSC provided the city with gratuitous assistance in improving the slope from Kazan NCC to Fuchs Garden to the exit to Podluzhnaya Street.
In Moscow, within the framework of bilateral Russian-Italian meetings, Bio-on S.p.A. (Italy) and TAIF JSC signed an agreement on joint implementation of bioplastic production. The signing ceremony took place in the presence of Russian President Vladimir Putin and Italian Prime Minister Giuseppe Conte. Thanks to the agreement signed today, the first plant will be built in the Republic of Tatarstan aimed to produce PHA (polyhydroxyalkanoate), a bioplastic obtained from a by-product of beet sugar production.

November

Four new cracking furnaces were launched at the ethylene plant, in E-200 complex, at Kazanorgsintez PJSC. The event was attended by Prime Minister of the Republic of Tatarstan Alexey Pesoshin, State Counsellor of the Republic of Tatarstan Mintimer Shaimiev, Mayor of Kazan Ilsur Metshin, Director General of TAIF JSC Albert Shigabutdinov, Chairman of the Board of Directors of Kazanorgsintez PJSC Ruslan Shigabutdinov, and representatives of ministries and departments of the Republic of Tatarstan. The launch of cracking furnaces as part of the integrated testing is timed to celebrate the double anniversary of Kazanorgsintez — in 2018, it was the 60th anniversary of the company's foundation and the 55th anniversary of the first product output. Four new cracking furnaces will replace ten obsolete old furnaces that have been in operation for almost 40 years.


2019

January

Nizhnekamskneftekhim PJSC and the Research and Design Institute of Urea and Organic Synthesis Products (NIIK PSC) signed an agreement for design and working documentation for 500 KTA methanol plant construction.
Nizhnekamskneftekhim PJSC and Haldor Topsoe signed contracts for license and engineering services for the new 500 KTA methanol production plant.

February

A multi-level parking lot was opened near the Kazan NCC. The new parking lot for 957 cars was a gift from TAIF Group to Kazan, Kazan citizens, and the guests of the city. The new facility is designed to ease the load of the nearby streets from cars parked on the curb, as well as make the Kremlin embankment and the historic center of Kazan more accessible to the public.

April

A new benzene extraction facility was launched, which construction was completed at the end of 2018. The new production facility will optimize the recycling process of the benzene-containing fraction in manufacturing and unload the existing energy-intensive components. It is planned to increase the production of benzene to 265,000 tons per year with the help of the new facility and completely avoid outsourcing it.

August

Biological Waste Treatment Facilities were commissioned in Nizhnekamsk after large-scale reconstruction at Nizhnekamskneftekhim PJSC.
Nizhnekamskneftekhim has completed the major overhaul of the polyclinic No. 1, which is located in the industrial zone. The polyclinic was equipped with modern medical equipment for a total of RUB 100 million. The total cost of the overhaul is estimated at RUB 123 million — the funds were allocated by TAIF Group and SOGAZ Group. Besides that, the burns unit financed by TAIF Group opened in the Nizhnekamsk Central District Hospital.


2020

February

A contract on construction and installation works was signed between Nizhnekamskneftekhim PJSC and Gemont, an international construction company based in Turkey, within the framework of The Construction of EP-600 Olefin Complex project.

September

The high-pressure gas pipeline was launched at Gas Distribution Station No. 2 from Yelabuga Central to Nizhnekamskneftekhim PJSC. Its commissioning was the final stage of TAIF Group's large-scale project to improve gas supply reliability for the Group's enterprises located in the Nizhnekamsk Industrial Hub.
Renovated Neftekhimik soccer stadium was opened. TAIF Group and Nizhnekamskneftekhim PJSC allocated RUB 400 million for major overhaul and reconstruction of the 42-year-old stadium in Nizhnekamsk.


2021

April

SIBUR and TAIF started merging the petrochemical businesses of the companies. As part of the merger, a company will be created on the basis of SIBUR Holding PJSC, where the current shareholders of TAIF JSC will receive a 15% share in exchange for the transfer of controlling stake of the Group, consisting of petrochemical and energy companies. The remaining stake of TAIF JSC may be subsequently purchased by the merged company.

May

Nizhnekamskneftekhim PJSC held a grand opening of production facilities for manufacture of new products — 60 KTA solution styrene-butadiene rubber (SSBR) and styrene-butadiene-styrene thermoplastic elastomers (TPE).

August

The head office of TAIF JSC hosted signing of three contracts between Nizhnekamskneftekhim PJSC and China Machinery Engineering Corporation (CMEC) for the construction of 400 KTA polypropylene production facility based on Spheripoll technology. Thanks to the implementation of the project, Nizhnekamskneftekhim PJSC will almost triple the polypropylene production and become one of the largest polypropylene producers in Europe.

September

SIBUR and TAIF signed an agreement on the final conditions of the merged company which will result in the creation of the largest oil and gas chemical company in Russia and one of the largest in the world on the basis of SIBUR Holding PJSC. As part of the closing the deal, TAIF shareholders receive a 15% ownership in the merged company in exchange for 50%+1 share of TAIF JSC. In addition, in order to accelerate the integration and improve the efficiency of the operating and investment activities of the merged company, the parties agreed on the early exercise of the option for the remaining ownership in the company at the disposal of TAIF shareholders.


80, Pushkina Str.,
420015 Kazan, Republic of Tatarstan, Russia


Tel.: +7 (843) 277-94-02
Fax: +7 (843) 277-94-03
E-mail: bars@taif.ru