On October 28, 2010, Vladimir M. Busygin, General Director of OAO Nizhnekamskneftekhim, held a meeting with the representatives of the major American Bank J.P.Morgan.

Earlier Mr. Busygin had a meeting with the bankers of Merrill Lynch. In the near future, meetings of the General Director with other biggest World Banks - «Deutsche Bank», «Credit Swiss» - have been scheduled within the framework of visits of Major World Banks' delegations to the facilities of TAIF Companies Group.

The purpose of foreign banks visits is financing further programs of refinery and petrochemical industry development in the Republic of Tatarstan. Development of such programs is the strategic goal, set by the President of Tatarstan, and approved by RT Security Council, Board of Directors and shareholders of TAIF Companies Group. Implementation of such projects, amounting to USD12 bln., will allow TAIF Companies Group to increase its annual revenue up to USD30 bln. by 2017.