Over the years, the Republic of Tatarstan ranks as one of the leading regions in Russia for investment and business environment. The key priority of the region is a growth of refining and petrochemistry sectors achieved by promoting favorable investment conditions for downstream projects. What companies and projects shape the downstream industry in Tatarstan? Globuc prepared a short overview with key facts and profiles.
Nizhnekamskneftekhim (NKNK) is one of the largest petrochemical companies in Europe, the leader in the production of synthetic rubbers and plastics in the Russian Federation. The Company is part of TAIF Group.
NKNK is considering the construction of a new multi-billion olefin complex with a total capacity of 1.2m of ethylene per year, which will be then used in polyethylene and polypropylene production and the production of alpha-olefins.
Initially, the launch of the first phase of the ethylene complex with the capacity of 600 thousand tons per year was scheduled for 2020, the second of similar capacity – 2025.
Tatneft is Russia’s sixth largest internationally recognized vertically integrated oil company. The industrial complex of the Company includes steadily developing enterprises of oil and gas production, petroleum refining, petrochemicals production, the tire manufacturing complex, network of filling stations and services
One of the Company’s major projects is the construction of the TANECO Refining and Petrochemical Plants Complex in Nizhnekamsk.
Kazanorgsintez is one of the largest chemical companies of the Russian Federation. Kazanorgsintez produces more than 38% of the total Russian output of polyethylene with a production capacity of over 1 million tons of chemical products per year. President of Tatarstan, Minnikhanov reported that Kazanorgsintez, part of TAIF Group is considering a twofold increase in production volumes.
TAIF is the largest industrial and investment holding with significant assets strong production potential uniting 54 subsidiaries and affiliates. The holding carries out its activity in many areas, five of which are: oil and gas refining and petrochemicals, telecommunications, construction, banking and investment.
At present, the TAIF Group is one of the largest producers of ethylene in Russia – 42% of all Russian production, almost half – 47% of all domestic polymers, more than 69% of all rubbers produced in Russia.
PSC TAIF-NK’s Nizhnekamsk refinery, which is Tatarstan’s largest, includes a gasoline plant and gas condensate processing plant.
TAIF-NK is implementing a long-term project of constructing heavy residues deep conversion complex. The launch of the complex will enable TAIF-NK to refine oil residues and make Euro 5 diesel fuel and straight-run gasoline.
Taneco is a Russian oil refining company and part of the $15 billion Tatneft Group. The company was created in 2005 to drive oil and petrochemical production in the Tatarstan region of the country. The project continues to increase production, contributing significantly to the Tatarstan economy.
The next phase of development will see TANECO expand its mix of petroleum products in line with international production standards and environmental compliance.
The first fertilizer complex became fully operational in February 2016. The annual production capacity of the complex is estimated to be 717,000t of ammonia and carbamide, 233,000t of methanol, and 380,000t of ammonia nitrate. The project is worth USD 1.4 billion.
In March 2016, representatives from Ammoni and Tatneft as well as their Japanese counterparts from Mitsubishi Heavy Industries and Sojitz Corporation signed a memorandum on the construction of a second large-scale complex to produce ammonia, methanol and granulated carbamide.
Linde Engineering, announced construction works are scheduled to begin in the second half of 2019
TAIF is considering the construction of a new gas processing plant with a capacity of 30 million cubic meters.
TANECO is the first industrial facility of its scale built from scratch in the post-Soviet Russia.