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 Archive of news - April 2008

2008.04.03 - The modernization of the production puts "TuymazyGlass" JSC in the leaders of Russian enterprises on medicine glass

The Directors council that took place on 28 of March approved the acquirement of the first tranche of credit line of "VTB" bank for modernization of production in 2008. The total sum scheduled by the plant to spend on these aims this year is more than 1 bln. roubles and not less than 25 % of this money is their own budget.
Nowadays "TuymazyGlass" JSC products the whole assortment in 5 furnaces. After the modernization the glass will be manufactured by 8 furnaces.
The modernization of the plant will be fulfilled in three stages. The first stage with new furnace N4 to be put into operation was completed on 31 of March. The construction of these item was carried out on the own money of "TuymazyGlass" JSC with approximate investments of 60 mln. Roubles. The fourth furnace enables to produce the glass pipe of HC-3 class that automatically puts the enterprise into the leaders of the Russian market.
The second stage of modernization is the construction of N1 furnace for manufacturing of container products that is scheduled to complete in the end of the quarter. That is the very object that got the first "VTB" tranche of 140 millions roubles. The remaining money will be spent on the construction of N8 furnace. The furnace is designed by German specialists and will produce 22 tons of first hydrolytic class glass. It will enable the plant to be ranked with the world's biggest manufacturers of medicine glass.
"TuymazyGlass" JSC finished 2007 year with record indexes. After long lasting lingering crisis the proceeds of the enterprise amounted to 750 millions roubles and net profit - 17 millions roubles. First time for many years the enterprise recruits the stuff.

2008.04.03 - Production of "Polyef" JSC goes up in April

Polyethylene terephthalate will rise in price in April. According to the data of Plastinfo.ru it is connected with the raise in price of terephthalate acid. The second reason for the price rise is in the seasonal demand for the plastic bottles.
It will have a positive influence of the work of Bashkir "Polyef" JSC that produces terephthalate acid as well as its polyethylene terephthalate.
Let us remind that the first production run of amorphous polyethylene terephthalate granulated material was manufactured on 21 of March. The polyethylene terephthalate production line was launched in N3 workshop. The material produced at the enterprise on quality, viscosity and color completely corresponds to international standard. Bashkir PET will be used right for the packing of food products that underlines its high quality and ecological compatibility.
Trial lot will be send to partner enterprises foe approbation. But further on there will be no realization of amorphous polyethylene terephthalate in big volumes. The main part of it will be further recycled - crystallized. The capacity of special equipment will enable to crystallize all 120.000 tons of PET produced at the enterpise.
There will be 2 production lines for PET, each of it will manufacture 60.000 tons of high-quality granulated polyethylene terephthalate. The launch of the second line is scheduled for May of this year.
But in the perspective "Polyef" JSC will boost the production of the PET: within the framework of the investment program of polyester complex development it is planned to boost the production capacities of terephthalate acid up to 600.000 per year (with the current 230.000 per year), and PET correspondingly will rise to 400.000 tons per year. The overall investments volume should amount to 19.6bln. roubles.
It should be pointed out that the production of polyester complex is quite of great demand in Russia. According to the specialists Blagoveschensk enterprise can exclude the rivals from China, India, Taiwan and Korea from Russian market.

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The source of news - Plenipotentiary representative office of Bashkortostan by President of RF.



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