Kazanorgsintez
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Company type | Public joint stock company |
---|---|
MCX: KZOS | |
Industry | Chemical industry |
Founded | 1950s |
Headquarters | Kazan |
Products | Chemical products |
Revenue | $1.24 billion[1] (2017) |
$324 million[2] (2017) | |
$258 million[2] (2017) | |
Total assets | $1.13 billion[2] (2017) |
Total equity | $94 million[2] (2017) |
Number of employees | about 8,323 |
Website | www.kazanorgsintez.ru/en |
![](https://upload.wikimedia.org/wikipedia/commons/thumb/3/39/Kazanorgsintez.jpg/220px-Kazanorgsintez.jpg)
PJSC Kazanorgsintez (Russian: ПАО «Казаньоргси́нтез») is one of Russia's largest chemical companies and the country's largest polyethylene producer. It is based in Kazan, Tatarstan.[3][4]
Overview
The company produces a range of organic chemistry products including ethylene, polyethylene, ethylene oxide, phenol, acetone, and polyethylene pipes. Kazanorgsintez also offers glycols, ethanolamines, cooling liquids, and textile agents and products for primary preparation of oil–corrosion and paraffin deposits inhibitors, proxanols-proxamines, and demulsifiers.[5] About 25% of the company's production is exported to other countries.[3]
The history of the company dates back to the 1950s, when it was founded as Kazan Chemical Plant. Production began in 1959.[6][7] Kazanorgsintez currently has about 8,323 employees and its stock is listed in the Russian trading system.[8]
Investment company Svyazinvestneftekhim is a shareholder in Kazanorgsintez.[9] In 2016, Svyazinvestneftekhim transferred a 16.09 percent stake in Kazanorgsintez to AK BARS Bank to increase its capitalization.[9]
Owners and management
CEO - Safin Airat Foatovich[10]
Shares:
- 64% - "Sibur"[11]
- 19,87% - the Government of the Republic of Tatarstan through its Svyazinvestneftekhim company
- The rest of the shares are in free circulation on the Moscow Exchange[12]
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