print version 

Find company
Home About the ProjectContact usFor the Clients
Enter code or ISIN
 
alpha / industry search

Issuers' Corner
Press Releases
Annual Reports Library

Financial Statements
SEC & FFMS Filings
Corporate Presentations
GM Materials
Issues Documents
Corporate Governance Materials
Russian Company Guide
Company Profiles
Corporate Calendar
Markets Corner
Consensus Estimates
Media Corner
News Line


Get updates



Home  Issuers' Corner  Press Releases REGISTER LOG IN

Press Releases

company search
all press releases
all Nizhnekamskneftekhim press releases

Nizhnekamskneftekhim

November 11, 2003

Administration of Nizhnekamskneftekhim Inc informs of technical and economic indices in Company’s activities within 9 months of the year 2003

The commodity output plan was fulfilled by 102.9%. All types of products amounted to over RUR 17bn in current prices. As against the relevant period of 2002, the commodity output in comparable prices amounted to 104.12% or RUR 14.656bn.

Within 9 months, the balance sheet profit amounted to RUR 2416.8bn; while due to measures taken to increase the production efficiency and to reduce costs, the spending for 1 ruble of commodity was reduced from 82.97 kopecks in 2002 to 77.18 kopecks in 2003.

Monthly average wages of the Company's personnel are scaling up: the growth rate was 128% and amounts to RUR 7780. The Company's personnel currently number 19 850.

Fulfillment of products output plan

Over the last three years, the output of practically all products is continuously expanding. Here are the figures of the 9 months plan for major products:

Description

%

Thousand tons

 

Synthetic isoprene rubber

Butyl rubber

EPDM

Ethylene

Propylene

Benzene

Styrene

Polystyrene

Ethylene oxide

Propylene oxide

MEG

Polyethers

Neonols

 

101.0

102.1

86.8

101.6

101.4

104.9

99.5

88.8

107.5

104.8

105.5

104.6

109.5

 

128 960

52 238

6 568

330 458

145 665

121 216

186 800

8 258

186 452

46 134

92 428

46 652

64 621

The Company's financial situation is characterized by stability. It owes no debts in paying to all kinds of budget and off-budget funds.



Press Service NKNK Inc

 

Nizhnekamskneftekhim Inc. @ 2003

 

 

 

Search by industry

Agriculture, Foresty and Fishing | Chemicals | Engineering | Ferrous Metals | Financial, Insurance & Real Estate | Food & Kindred Products | General Construction | Information Technology | Media & Publishing | Non-Ferrous Metals | Oil & Gas | Pharmaceuticals | Power Industry | Precious Metals and Diamonds | Telecommunications | Transportation | Wholesale & Retail Trade

Search by alpha index

A B C D F G H I K L M N O P R S T U V W X Z


Site Map
© RUSTOCKS.com
Privacy Statement | Disclaimer