PJSC Pigment heads the list of strategic companies in region and has a significant importance for employment and social stability in the region. 48 companies included in the list besides our company had opened since the last week in accordance with the Tambov Region Governor Decree No. 264 and order No. 181-P of April 3, 2020. These documents from the regional authorities clarifies the additional measures to be taken to reduce the risks of coronavirus infection spread in the region and regulate the activities of the companies in this situation.
At present, Pigment continues to manufacture the products in all major areas: organic pigments, acrylic dispersions, concrete admixtures, synthetic resins, sulfamic acid, optical brighteners. There are also no issues with providing the PJSC Pigment itself with raw materials. The procurement planning system of the company is perfectly arranged, taking into account the seasonal demand for some products. All the necessary raw materials were purchased in advance, so we can produce the required volume of products without interruption, to ensure the fulfillment of all incoming orders from our clients.
We continue all our scheduled projects on renovations of our production lines. All the works are going on in accordance with the established deadlines, and the financing of the projects remains at the planned level. For instance, we implement the solutions on labor productivity, developed as part of the company's participation in the national project of the Federal Center of Competence..
PJSC Pigment is a significant unit in the economy of the Tambov region. The company employs about 1600 people and is one of the main taxpayers. We support the local social infrastructure. We are also an important link for the Russian chemical industry as we are the only manufacturer of a number of products and a successful participant in import substitution programs. In the current situation, the company manages to function effectively, ensuring the stability of the region and the industry, and considers it the duty fully to conduct our activity. At the same time, the work process is organized in compliance with all sanitary standards. Close attention is paid to the health and safety of employees
Pigment's management adheres to positive forecasts for the nearest future. The company has a good economic base, a well-functioning production planning system, a diversified assortment portfolio, that reasonably allows us to hope for a successful resolution of the situation and overcoming difficulties with minimal losses.