Seyfeddin Roustamov, beneficial owner of PJSC Metafrax, one of the largest producers of methanol and its derivatives, spoke about the company's strategy and plans.
The Board of directors of Metadynea – the leader of resins production (part of the Metafrax Group) estimated the course of investment projects on their site in Moscow Region during the visiting session.
PJSC Metafrax will invest more than 40 million euros in the second stage of reconstruction of the methanol production unit.
Mr Roustamov, Metafrax Group has announced start of ammonia, urea and melamine production projects in Russia worth EUR 800 million. What’s the progress status of the project? Can adverse market conditions hamper implementation of the project?