Petrochemicals producer awards contract for new methanol unit

PJSC Nizhnekamskneftekhim and Haldor Topsoe signed contracts for license and engineering services for a new methanol unit with a capacity of 500,000 tons per year. The signing ceremony took place in the Cabinet of Ministers of the Republic of Tatarstan in Kazan.

Azat Bikmurzin, the Director General of PJSC Nizhnekamskneftekhim (TAIF Group of Companies), and Bjerne S. Clausen, CEO and President of Haldor Topsoe, signed the contracts. A TAIF Group delegation led by Albert Shigabutdinov, the Director General of TAIF Company, took part in the signing ceremony.

Nizhnekamskneftekhim mainly uses methanol (methyl alcohol) to produce formaldehyde as a feedstock for the company’s isoprene production. The new methanol unit will make the isoprene facilities more efficient and reduce production costs.

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