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21.01.2005

A session of coordination council of ethylen-producing and ethylene-consuming plants was held in Nizhnekamskneftekhim Inc


On December 21 a session of coordination council of ethylen-producing and ethylene-consuming plants of the Republic of Tatarstan and Bashkortostan was held in Nizhnekamskneftekhim Inc. Executives of Nizhnekamskneftekhim Inc., Mr. Bousyguin B., OAO “Salavatnefteorgsintez”, Mr. Ishmiyarov M., OAO “Kazanorgsintez”, Mr. Alyokhin L., ZAO “Kaustik”, Mr. Samoyedov F., OOO “Orensal”, Mr. Levin S. took part in the session.

The participants viewed the preliminary results of operation of ethylene-producing and ethylene-consuming plants in 2004, adjusted production plans and overhaul schedules for 2005. The expected production volume for 2004 will amount to more than 1.1 million tons, including Nizhnekamskneftekhim Inc. – 449.7 thou. tons. It is planned to produce 1 million 170 thou. tons of ethylene in 2005. Next year Nizhnekamskneftekhim Inc. will produce 452 thou. tons of this product.

The Coordination Council approved ethylene output volumes and supplies for 2005, fixed the ethylene price for the first quarter of the next year at the present level. The results of cooperation between ethylen-producing and ethylene-consuming plants of the Republic of Tatarstan and Bashkortostan were found successful,and the activity of the council efficient.

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Nizhnekamskneftekhim Inc.
423574, R.F. Republic of Tatarstan, Nizhnekamsk, Nizhnekamskneftekhim Inc.
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Nizhnekamskneftekhim Inc. @ 2005