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Belneftekhim, Nizhnekamskneftekhim sign memorandum of cooperation

August 20/2009

MINSK, 19 August (BelTA) – The Belneftekhim Concern and the Nizhnekamenskneftekhim Company (Russian Federation, Tatarstan) have signed a memorandum of cooperation, BelTA learnt from the press service of the concern.

The document was signed during a visit of a delegation of Belarus led by Belneftekhim Chairman Valery Kazakevich to Kazan and Nizhnekamensk (Tatarstan).

The Belarusian delegation met with Prime Minister of Tatarstan Rustam Minnikhanov, Industry and Trade Minister Ravil Zaripov, representatives of other ministries and businessmen of Tatarstan. The sides discussed promising cooperation areas in the industry, petrochemistry, construction.

The Belarusian representatives negotiated the further mutually beneficial cooperation with the authorities of Tatneft and Nizhnekamenskneftekhim including the delivery of the Grodno Khimvolokno cord materials for the Nizhnekamskshin company. Tatneft will continue the construction of filling stations in Belarus.

      MRC Reference

Nizhnekamenskneftekhim. The share in the Russian market in 2008:
 polypropylene - 25% (including PP-impact – 34.7%, PP-random – 22.1%);
 polystyrene - 34.5%.

Leader in polymers processing technologies:
 sheet extrusion;
 film extrusion;
 fibers and filaments;
 injection molding.

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