IV International Forum "Big Chemistry" takes place in Ufa

Ufa hosts the IV International Forum "Big Chemistry". The forum began with a plenary session "Prospects for oil and gas industry domestic market of Russia".

Opening the forum, the President of Bashkortostan Rustem Khamitov noted that "quantity of meetings is steadily moving into a new quality" - for three years, the forum has attracted the attention of major foreign and domestic petrochemical companies, the range of discussed problems has expanded - "joint effective activity is conducted" on them.

The dominant feature of the Presidential speech was import substitution. Bashkortostan President marked that the current world market of petrochemicals was specialized and monopolized, and in price parameters our products conceded to foreign analogues. High energy consumption, depreciation of fixed assets, low labor productivity were named among the main problems of domestic petrochemical plants.

According to the President RB, domestic companies have the necessary potential for import substitution. For example, catalyst plants of Bashkortostan – enterprises of Ishimbay, Sterlitimak, Salavat are capable to provide with catalysts all domestic petrochemical industry. "Their products are not only equal, but in number of parameters exceed world counterparts", Khamitov said.

“The issue of creation of the state catalyst holding in the country became topical and we need a uniform policy for development, production and use of domestic catalysts”, Khamitov stressed.

The "Big Chemistry" Forum will work at Ufa Congress Hall for two days.

On May 29 it is expected to sign an agreement between the Presidential Administration of Bashkortostan and JSC "United Petrochemical Company". In the second half of the day there will be a meeting of regional leaders and heads of petrochemical companies of the Volga Federal District.

The program of the first day includes also a roundtable "New Biotechnology - New Chemistry" and breakout sessions on relevant industry topics. It is expected to sign a supplementary agreement on joint activities with new members of small-scale petrochemical cluster of Bashkortostan.

Details will be available in further articles of Bashinform News Agency.