KuibyshevAzot Announces Preliminary Results of Activities for 2013
OREANDA-NEWS. In 2013 company's production output has significantly increased comparing with the previous period. Nevertheless, due to deterioration of market conditions and growth of rates for gas, electric and heat power, railway transportation, company's revenue decreased by 1.1% up to 28 billion rubles, net profit decreased by 2.4% up to 2.5 billion rubles.
The output of major products was as follows:
- ammonia - 657 kt or 115.5 % comparing with the results of 2012;
- ammonium nitrate - 560.3 kt (104.8%);
- urea - 348.5 kt (113.1%);
- ammonium sulfate - 471.4 kt (100.5%);
- caprolactam - 187.2 kt (101.4%);
- polyamide-6 - 135 kt (115.7%);
- technical and cord yarn - 16.3 kt (120.8%);
- cord fabric - 6.8 kt (104.4%).
Implementation of company's priority development directions, work on technical re-equipment and renovation of fixed production assets were continued. Considering importance and scale of running projects, 2013 became the start of a new development stage for “KuibyshevAzot” OJSC.
Currently construction of cord fabric dipping plant at polyamide production and secondary steam condensate purification plant at ammonium nitrate production is at the completion stage. Work on construction of comprehensive multi-purpose manufacturing plant to increase production of nitric acid and ammonium nitrate and decrease nitrogen oxides emission is underway. Reconstruction of rectification section at caprolactam production is in progress.
Construction of new energy-efficient production of cyclohexanone using technology of DSM (the Netherlands) is continued. Preparation of construction sites for joint productions with other, leading in their respective fields, foreign partners is started: ammonia - Linde (Germany), and air separation products - Praxair (USA).
All these projects are aimed to ensure long-term development of “KuibyshevAzot” OJSC and maintain company's market positions in the increasing competition conditions.
In order to improve production efficiency, increase output and reduce impact on the environment a number of serious technical measures has been taken. Production of compacted ammonium nitrate is significantly increased. New firefighting system was placed into service at cyclohexanone production.
As a result of implementation of programs aimed at reducing of unit consumption, being of particular importance in the conditions of resource costs outrunning growth, specific gas consumption for ammonia production is decreased by 5.1%, consumption of PA-6 granulate for technical yarn production is decreased by 6.2%.
In accordance with the company's strategic program on import substitution and increase of caprolactam and polyamide recycling in Russia, subsidiary enterprises producing technical, textile yarns and cord fabrics in Kursk and textile fabrics in Balashov (Saratov region) are under reconstruction.
For construction and technical re-equipment of “KuibyshevAzot” OJSC was spent the sum of 1.9 billion rubles, overhauls of factory facilities for the amount of 3.7 billion rubles. Thus for renewal of enterprise was addressed the total of 3.7 billion rubles.
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