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Tatneftekhiminvest-holding changed its organizational and legal form

October 27/2021

MOSCOW (MRC) - Tatneftekhiminvest-holding changed its organizational and legal form from JSC to JSC, became a non-public company, according to the materials of the Spark-Interfax database.

Corresponding changes on the status of the company were made to the Unified State Register of Legal Entities on 25 October. The decision to renounce public status was made by the company's shareholders at an extraordinary meeting on 11 August.

At the end of June, the chairman of the board of directors of the company, President of Tatarstan Rustam Minnikhanov approved the idea of ??holding an extraordinary meeting to change the organizational and legal form of Tatneftekhiminvest-holding to a JSC. It was decided to bring the charter of Tatneftekhiminvest-holding in line with the legislation.

Earlier it was reported that OAO Tatneft, part of OAO Tatneftekhiminvest-holding, intends to develop the production of composite materials. Currently, the development strategy of Tatneft's petrochemical complex projects is at the stage of updating, it integrates a new project of the company for the production of butadiene rubbers in Kazakhstan and the recently acquired EcoPet plant (Kaliningrad) for the production of polyethylene terephthalate (PET). As part of updating the strategy, Tatneft plans to pay great attention to "green" projects.

According to MRC's ScanPlast, the total estimated consumption of PET in Russia amounted to 65,350 tonnes in August, which is 19% higher than last year. In January - August this year, the total estimated consumption of PET in the country increased by 12% compared to the same period a year earlier and amounted to 535,610 tonnes.

Tatneftekhiminvest-holding was established in September 1994 as an industrial and financial company uniting the largest enterprises of the petrochemical complex of Tatarstan. The main shareholders are Svyazinvestneftekhim, Tatneft, Nizhnekamskneftekhim, Kazanorgsintez, Nizhnekamskshina, Tatnefteproduct.


mrcplast.com
Author:Anna Larionova
Tags:petroleum products, crude oil, PET-granulate, neftegaz, petrochemistry, PET bottles, PET films, PET preforms, Tatneft.
Category:General News
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