OREANDA-NEWS Today PJSC Ufaorgsintez, a company forming part of Bashneft Group (a subsidiary of PJSC Rosneft Oil Company), is celebrating the 60th anniversary of its establishment.

'This is one of the oldest enterprises in the industry. But its age is an advantage rather than a drawback. The invaluable experience that the enterprise has gained over the years combined with its state-of-the-art technical capabilities enable Ufaorgsintez to deliver strong operational results, to develop and introduce new polymer products that have not been manufactured in Russia before. At the same time, efficient use of investments enables Ufaorgsintez to develop rapidly, making it a leading modern manufacturing enterprise,' emphasized Bashneft's President Andrey Shishkin.

PJSC Ufaorgsintez is one of Russia's largest petrochemical enterprises. It specializes in the production of phenol, acetone, high-density polyethylene, polypropylene and its copolymers, synthetic rubber and other organic synthesis products. The plant produces about 40% of the total phenol output in Russia and is a leading producer of acetone. Ufaorgsintez accounts for 20% of the country's total polypropylene output and 15% of polyethylene production.