In the Board meeting of “Tatneftekhiminvest-holding”, the enterprise’s plans in regards to ABS-resins were heard.
Today, in a “Tatneftekhiminvest-holding” Board meeting chaired by the President of Tatarstan Rustam Minnikhanov, Mr. Vladimir Busygin, General Director, OJSC “Nizhnekamskneftekhim” spoke about the course of implementation of the latest major project.
The subject is production of ABS resins (acrylonitrilbutadienestyrene resin), which, due to its elasticity and high impact-resistance, is among the most demanded ones in the production of complex molded articles with a high draw rating. A demand for this resin is growing in the Russian market; meanwhile the major part of this product is imported.
The start-up of production facilities in Nizhnekamsk is scheduled for September 2012. The project with the capacity 60 ktpa costs RUB 4.3 billion. Its payback period is 4 years at an expected profitability 18 per cent. A wide range of consumers in the Russian Federation, including “POZIS” in Tatarstan, has already shown interest to this resin.
With consideration to the start-up of the 4th polysterene train in 2013, total polystyrene plastic output by “Nizhnekamskneftekhim” will amount to 260 ktpa, and prospectively – to 290-300 ktpa. Thus, “Nizhnekamskneftekhim” consistently abandons sales of the monomers it produces in favor of polymer production, V. Busygin said. The company will produce all types of plastics – polyethylene, polysterene, polypropylene, ABS resins.
According to V. Busygin, there is an opportunity emerging in Tatarstan to establish production of composite materials and, based on them, finished consumer commodities. As early as today, approximately 15-20 types of plastics produced in Nizhnekamsk are consumed in the Republic and this number will grow once ABS resin production facilities are launched. In the opinion of the head of “Nizhnekamskneftekhim”, due to the presence of a polycarbonate production (“Kazanorgsintez”) and ABS-resin Tatarstan will become a leading Russian supplier of modern high-technology engineering plastics.
The dream about production of this very promising import-substituting product in Tatarstan is coming true, Rustam Minnikhanov said. According to him, “in connection with this plastic, it is needed to involve small business, the structures that will be forming their own manufacturing program for conversion of the product into end products”.