TAIF Group in mass-media

	06.04.2010
	*«PRIME-TASS»,*
	In January-May 2010 “Nizhnekamskneftekhim” Increased Production Output by 28.4%
	In January-May 2010 OJSC “Nizhnekamskneftekhim” increased commodity output in comparable prices by 28.4 per cent up to RUB 16 billion year-on-year. This was reported to PRIME-TASS by the company’s management. In effective prices, commodity output amounted to RUB 20.08 billion in comparison with 2009 – 183.7 per cent. Production of butyl rubber including halobutyl rubber amounted to 35 thousand tons 101.9 per cent year-on-year, for polystyrene – 45.2 thousand tons 121.4 per cent year-on-year , for polyethyleneproduction facilities were launched in 2009 – 34.2 thousand tons183.7 per cent year-on-year, and polypropylene – 49.3 thousand tons112.3 per cent year-on-year. OJSC "Nizhnekamskneftekhim" is the major production of synthetic rubber in Russia; also it is an exporter of petrochemicals. Production of rubbers in 2009 amounted to 397.5 thousand tonsdecrease by 6.5 per cent. Its authorized capital – RUB 1830239750; 25.2 per cent are under fiduciary management of OOO “TAIF-Invest”, 44.5 per cent are owned by OOO “Telecom-Management” this is a 100% subsidiary of PSC “TAIF”.