SALAVAT (Salavatnefteorgsyntez) -- The decision of Salavatnefteorgsyntez authorities from 19.11.2009 about giving the status of independent legal entity ⌠Salavatskiy katalizatorniy zavod (Salavat catalyst plant) with 100% Salavatnefteorgsyntez authorized capital stock to refinery workshop #12 started the forming of company's divisional structure.
This decision has been made to increase the effectiveness of catalyst production, particularly, the increase of loading of existing capacities including market trends and Russian domestic market development forecasts.
The first results are optimistic: the production of ⌠Salavatskiy katalizatorniy zavod was profitable in Q1 2010, earnings went up by 40% comparing with same period last year and client database seriously expanded.