Russian-Chinese compounding venture starts production

SHANGHAI (April 17, 2007) -- Russia’s KuibyshevAzot Joint Stock Co. plans to grab market share in China’s market for nylon 6 compounds through its new Shanghai joint venture KuibyshevAzot Engineering (Shanghai) Co. Ltd.

“We can be very competitive in the China market because of the lower price of feedstock in Russia,” said General Manager Roman A. Meytis.

KuibyshevAzot, based in Russia’s Samara region, inaugurated the 4,200 square meter plant at the end of March. The facility is a joint venture with He Ye Trading Co. Ltd. of Shanghai. The two companies have been business partners for 20 years. KuibyshevAzot is the controlling shareholder of the facility, which is located in the Qingpu Industrial Park near Shanghai.

KuibyshevAzot Shanghai plans to acquire 7,000 metric tons per year of the nylon 6 resin from its parent in Russia to produce other engineering compounds. The company’s main product is a glass-fiber-reinforced nylon with a flame retardant additive. But the joint venture can also produce polyethylene, polypropylene and other compounds.

With two extrusion lines currently working, the facility can produce 9,900 metric tons per year, and plans to expand to a total of four extrusion lines over the next 24 months. Germany’s Berstorff GmbH provided the extrusion machinery.

KuibyshevAzot hopes to develop long-term relationships with customers. “We can control quality, quantity and price,” Meytis said.

He added that the company’s compounding joint venture in Moscow, with Moscow-based Polyplastic Group, has given KuibyshevAzot experience in serving automotive and electric appliance customers, which are two of China’s fastest growing users of engineering plastics.

KuibyshevAzot employs more than 5,000 and produces ammonia, nitrogenous fertilizer, caprolactam and nylon at its 3,000,000-square-meter facility in the Samsara region of Russia, near Moscow.




Sam Xu
Sales Engineer

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