The JSC Shchekinoazot company’s results in january-march 2012

The results of the Company’s work in the first quarter of 2012 have been made. At the ammonia production higher capacity utilization has been achieved as comparing to the analogous period last year, that allowed to increase the ammonia output by 1, 2%.

Putting in production a new M-450 plant gave an opportunity to increase the volume of methanol production by 6, 8%. At the caprolactam production the output volume increased by 0, 8%. At the household chemical goods production the products output roused by 17%.

Thanks to successful implementation of the plans for modernization the subdivisions of the enterprise were able to reach the economy of feedstock, materials and energy supply for 35 mln roubles in total.

In the second half of the year it is planned to put into operation a new hydrogen plant in order to allow decreasing the prime cost of hydrogen and ammonia twofold. After the end of the measures on caprolactam production modernization the prime cost of the product will decrease by 25%.

Source: Shchekinoazot