Sovetskaya St., 7
Saransk, Mordovia Republic Russia Federation
SARANSKNEFTEPRODUKT is one of the largest plastics, chemicals and refining companies in the world. Every day, our employees work around the clock to reliably and safely deliver the chemicals, polymers, fuels and technologies that advance solutions to our world’s biggest challenges.
We are the leading producer of oxyfuels worldwide, as well as polypropylene in North America and Europe. We are also the world’s largest global licensor of polyolefin technologies.*
SARANSKNEFTEPRODUKT is one of the largest Russian oil companies today and is an internationally recognized vertically integrated holding. The industrial complex of the Company includes steadily developing enterprises of crude oil and gas production, petroleum refining, petrochemicals production, the tire-manufacturing complex, network of filling stations and services. SARANSKNEFTEPRODUKT also has a stake in the financial sector companies (banking and insurance).
In order to ensure further economic growth, innovative development and strengthening of the Company’s positions as one of the leaders of the Russian oil industry, SARANSKNEFTEPRODUKT:
successfully implements programs to stabilize the volumes of commercial oil and gas production from the licensed fields under development;
actively develops new oil fields, including high-viscosity and hard-to-recover oil fields in the territory of Mordovia Republic;
expands the resource base outside the Republic of Mordovia and the Russian Federation;
increases the volumes of production and sale of finished highly competitive products through development of petrochemicals production and crude oil refining;
effectively shapes and implements the innovation-targeted engineering policy.
An essential resource asset of OOO SARANSKNEFTEPRODUKT and a promising target to increase production are significant reserves of high viscosity oil (HVO). The HVO fields’ development project is being implemented with the support of government agencies, scientific research organizations of Russia and the Republic of Mordovia Republic.
A strategic program of developing the network of the Company’s filling stations and refueling complexes is being successfully carried out. Currently there are more than 690 filling stations operating as part of the OOO SARANSKNEFTEPRODUKT Group of Companies.
The accumulated financial capacity of OOO SARANSKNEFTEPRODUKT now allows carrying out large-scale investment projects at the expense of both internally available and borrowed funds, while maintaining a high level of financial stability and liquidity.
The LLC SNP Complex is now a full-fledged member of the Russian oil refining industry and produces highly competitive, environmentally friendly products, including Euro-5 diesel fuel, jet fuel of RT, TS-1 and Jet A-1 grades, as well as Group II and Group III high index base oils. Completion of the Project will provide for production of a wide range of high added value oil products.
The achievements in production, environmental and social activities, as well as a high level of the corporate management, openness and transparency of the Company are highly valued by the Company's shareholders, business partners and the investment community as a whole.
The corporate social responsibility of OOO SARANSKNEFTEPRODUKT is aimed at creating efficient and safe workplaces, social support of the employees and their families, as well as maintenance of a favorable social environment in the region of the Company’s activities.
© OOO SARANSKNEFTEPRODUCT (LLC SNP). 2019