The AO Nizhnekamsktekhuglerod (NKTU), a member of the Tatneft petrochemical complex, held an annual general meeting of shareholders, in the course of which the annual report and annual financial statements for 2016 were approved.
NKTU produces 14 grades of carbon black and successfully competes with such manufacturers as Omsk Carbon Group, Yaroslavl Industrial Carbon, etc. In 2016, more than 118,000 tonnes of products were produced and sold (of which over 85,000 tonnes in Russia, while the exports amounted to over 33,000 tonnes). The high-quality carbon black of Nizhnekamsk is well known and well bought in 19 countries, the main of which are Turkey, Poland, Switzerland, and UAE.
The company continues its work on production upgrade, reconstruction, and process re-equipment. The company’s management pay continuous attention to issues of health, safety, security, and environment.
In the course of the meeting, a new Board of Directors was elected. The BF-Audit was approved as the external auditor of the Company. During the meeting, the Company's Charter was adopted in a new wording.