In the first six months 2020, Pigment PJSC produced 72 600 tons of chemical products worth about 4.3 billion rubles. The production index in physical terms was 108%. In monetary terms, production increased by 7%
By 6 months results , the Tambov Pigment net profit is 4 times more compare with the same period of the last year. Profit growth from product shipment was 218%. The shipment of commercial products in January-June 2020 increased by 8 % compared to January-June 2019, exceeding 4.4 billion rubles
For 6 months of 2020, a significant increase in production volumes of gasoline additives is observed. The production volume increased by 214% more than in the same period in the last year. Remember that due to the unjustified ban on the use of additives to gasoline based on MMA in Russia, PJSC Pigment continues to supply product to more than 20 countries of the world, including the CIS and Western European countries.
Organic pigments are in second place in terms of production growth - 118%. The production of sulfamic acid and acrylic emulsions increased by 13 and 12 percent, respectively. The output of formaldehyde resins increased by 8%.
More than 149 million rubles were invested in the development of the company. The major part of the investments went to the project of new closed wastes storage pond (installation work). To date, PJSC Pigment has almost completed work on this site. In the third quarter, the company will take care of the adjacent territory. Commissioning of the facility is scheduled for the end of 2020
In addition, the company continues to upgrade the key production facilities, by re-equipment, new technologies, and work on quality improvement.
It is worth to note that after the successful implementation of the FCC national project "Increasing labor productivity and supporting employment " by Pigment PJSC, the company continues to replicate the gained experience to other production facilities. To date, work is being completed in Plant No 15 (pigments) and No 31 (dispersants for concrete admixtures). We started the same project in our Plant No 19 (acrylic emulsions). The main goal is to increase the amount of products for our consumers.