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Taif buying snow
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TAIF JSC discusses its performance in 9 months in 2023
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An expanded board meeting of TAIF JSC where the performance in 9 months of is preliminarily summed up and results of are concluded took place yesterday, on 4 October Sanctions have been falling as avalanche month after month since the beginning of the year covering almost all the sectors, economy and life by the end of the year. The whole world economy and global markets shifted to a state of great uncertainty and turbulence. Business processes and management approaches were transformed, efficiency of production processes and social stability in enterprises of TAIF Group were provided. It is 1. Most large-scale investment projects of TAIF Group including the Heavy Residues High Conversion Complex were successfully completed launching the production capacities as early as However, the work on expanding the capacities goes on. In some months in , this indicator reached The average light oil product recovery indicator in oil refineries of the Russian Federation according to InfoTEK-Consult in is around This also includes a completely new product — winter diesel fuel. Also, the company is ready to make and supply big amounts of its improved jet fuel of Tatarstan whose performance characteristics surpass state quality standards. In existing dark petrochemical production facilities too — bitumen needed for the growing pace of road construction. In general the performance of the complex in 9 months of promises to be not worse than the results in Unique technologies used at TAIF-NK JSC provide the lowest prime cost of processing of such oils and the finest processing of heavy hydrocarbons into light oil products. Since early , retail motor fuel sales have also demonstrated stable growth. The work on the modernisation of the chain designed to bring all the stations into one style and raise the level of client orientation. Since early , 10 petrols stations have been renovated, works are underway at another 28 stations. Most petrol stations are equipped with shops and mini-stores where anybody can buy not only signature TAIF Lubricants motor oils but also beverages, road essentials as well as freshly baked pastry from a restaurant of another component of TAIF Group — Pyramid Culture and Leisure Complex. The production that kicked off in November managed to not only achieve a success within a short period of time but also become one of the leading producers of a big range of lubricants in Russia. Now the company is actively participating in quality contests and, as Realnoe Vremya was told by TAIF-SM itself, this time the application is much bigger than a year ago. The producer is well known across Russia and in neighbouring and remote countries as Taif Lubricants. The high quality of industrial oils by TAIF-SM and their compliance with the strictest international norms are confirmed by such giants as General Electric and Siemens. The assortment of products made by the company already has over names in all the segments. This number constantly grows. In , Kazan Silicate Wall Material Factory and Keramika-Sintez companies altogether produced over million pieces of silicate and ceramic bricks with over 20 names. In 9 months of , the generating company produced over 6. Large-scale capacity renovation is now underway in a state programme of competition project selection for modernisation. The first turbines that joined the programme will be launched as early as , another two will generate energy in , another one will in and the last one in The company considers the possibility of participating in further state generating equipment modernisation programmes too. The company diligently meets all commitments in payments made to all budget levels and extrabudgetary funds. This works has continued in too. TAIF Group enterprises have bigger tasks, new projects and accomplishments ahead. The era of changes opens wide possibilities for those who are ready for new challenges. Realnoe Vremya is an online newspaper, providing business news and sectoral analytics, up-to-date information about the development of economy and technology in Tatarstan, Russia and the whole world. Thanks to the work of analytical department the newspaper publishes its own ratings, rankings, indexes, as well as detailed analyzes that form a complete picture of the market for the reader.
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