Kazanorgsintez

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]

Kazanorgsintez
TypePublic joint stock company
MCX: KZOS
IndustryChemical industry
Founded1950s
HeadquartersKazan
ProductsChemical 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
Websitewww.kazanorgsintez.ru/en
Kazanorgsintez

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]

References
  1. "Рейтинг крупнейших компаний России по объему реализации продукции". Expert RA. Archived from the original on 28 October 2018. Retrieved 28 October 2018.
  2. "Консолидированная финансовая отчетность за 2017 г." (PDF). Retrieved 1 November 2018.
  3. "Kazanorgsintez Joint Stock Company". Kazanorgsintez. Retrieved 2009-05-13.
  4. "Petrochemicals plant Kazanorgsintez posts 2.7 bln rubles Q1 losses (Part2)". Interfax. 2009-05-08. Retrieved 2009-05-13.
  5. "Kazanorgsintez AO". Business Week. Retrieved 2009-05-13.
  6. "About company" (in Russian). Kazanorgsintez. Retrieved 2009-05-13.
  7. "Company history" (in Russian). Kazanorgsintez. Retrieved 2009-05-13.
  8. "Kazanorgsintez Company Snapshot". Corporateinformation.com. Retrieved 2009-05-13.
  9. "BRIEF-Svyazinvestneftekhim transfers 16.09% shares in Kazanorgsintez to support AK BARS Bank". Reuters. 2016-01-15. Retrieved 2020-02-27.
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