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Latest news
Results of 2021 In spite of volatile markets, world logistic crisis, pandemic limitations and overall instability all ProPartners Group units…
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ProPartners >
News
June 2008
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First filtration equipment unit for vodka purification is successfully installed by Sai ChemPartners India Ltd at one of the India largest distilleries. The equipment is manufactured under ProPartners order in Russia and utilizes some Russia true know-how which brings excellent filtration properties while alcohol purification.
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April 2008
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The deal of 49% shares of VolgaOrgChem (VOC) sell to VTB Asset Management is completed. Now that VOC got more than usd 4M equity in addition to usd 14M project financing already approved by major local bank there are no more show stoppers for prompt construction and commissioning of the plant. VolgaOrgChem is modern complex of chloroorganic facilities to manufacture starting 2011Y three products as follows: 14.000 mt of monochloroacetic acid (MCAA), 15.000 mt sodium hypochlorite and 22.000 mt of hydrogen chloride. The above chemicals are already successfully sold by ChemPartners Russia, particularly the MCAA where our market share exceeds 70%. Thus, the project is to replace import and obtain lower cost of these products using cheap chlorine and energy available in Russia.
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March 2008
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EcoTechnologies successfully launched additional equipment to obtain granulated PET from recycled PET-flakes. The Company is Russia most dynamically growing PET-recycler and production of PET granules will bring additional value and opportunity to reach some quality sensitive customers in bottling segment.
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January 2008
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As a key result of 2007Y we see significant growth of profitability of operations which was due to shift from commodities (polymers in particular) to added value products e.g. specialties for paint and construction, pharmaceuticals and other industries. The turnover, still, had increased for 3% and reached usd 57M thanks to organic growth of all the units including EcoTechnologies, ChemPartners, MetaPro and TransChlor.
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November 2007
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Sai ChemPartners India Pte Ltd becomes operative with ICICI Bank in India. The new company will concentrate on sourcing from India and South Asia and maintain production and marketing projects for ProPartners in this growing region.
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