In the first 9 months Pigment PJSC produced 116 500 tons of chemical products worth more than 6.6 billion rubles. The production index in physical terms was 108%. At the same time, the net profit increased almost 3 times, and the profit from shipment increased almost 2 times and amounted to 792 million rubles.
Pigment PJSC continues to increase the volume of import substitution products. In January-September the production of sulfamic acid increased by 19%, organic pigments by 16% and acrylic dispersions by 12%. Semi-finished varnishes continue to increase - plus 8% and formaldehyde resins - plus 7%.
Such results were achieved by expanding sales markets and increasing the product assortment, as well as a high level of customer orientation.
Note that in comparison with 9 months of 2019, the volume of gasoline additives increased significantly and amounted to 137%. Despite the fact that last year there was a noticeable decline in this direction due to the entry into force on July 1, 2016 of changes to the Technical Regulations of the Customs Union, in relation to the requirements for eco-class motor fuels К5, in which the use of an additive based on monomethylaniline is not provided. The company is actively working on the development of Western markets and the expansion of export supplies for this product group. The key consumers of the Tambov-made monomethylaniline (MMA) fuel additive today are companies from Kazakhstan, Ukraine, Brazil and other countries.
In the 3 quarters of 2020, in comparison with 2019, Pigment PJSC increased the volume of investments by one and a half times, in monetary terms, the figure amounted to 362 million rubles. The company continues to modernize the scheme for the production of additives in concrete, formaldehyde resins, implements a large-scale environmental program, the purpose of which is to switch to a system for the utilization of industrial effluents without the use of open storage ponds. Also, Pigment's significant funds are aimed at implementing a number of projects to digitalize the enterprise and increase labor productivity at other company facilities.