Zavod Slantsy

Zavod Slantsy OAO (former names: Gazoslantsevyi zavod and Slantsepererabatyvayushiy zavod Slantsy, Russian: ОАО «Завод Сланцы») is a petrochemical company based in Slantsy, Leningrad Oblast, Russia.

Zavod Slantsy OAO
TypePublic
IndustryPetrochemical
Founded1945 (1945)
Headquarters,
Russia
ParentRosimushchestvo
Websitewww.slantsy.ru

The company was established in 1945 to supply Leningrad with oil shale gas, synthetic gas produced by oil shale pyrolysis.[1][2] In 1952, the first unit of a 75 MW oil shale-fired power plant and the first stage of the oil shale gas extraction plant was commissioned.[1] Since 1955 until 2000 the plant produced shale oil using Kiviter technology.[3] In addition, it produced other chemical products from oil shale. Oil shale was supplied by the mining company Leningradslanets.[4] In 1970, the company started petroleum coke tempering.[1]

Zavod Slantsy was reorganization from Slantsepererabatyvayushiy zavod Slantsy in 1993.[5] In 1998, the 75 MW thermal power plant was converted from oil shale to natural gas. The company continued produce shale oil until June 2003.[6] As of today, the company produces polymeric petroleum resin and distillates, petroleum coke tempering and gas condensate refining.[5]

Rosimushchestvo controls 41.75% shares (55.7% of votes) of the company while Viktor Vekselberg's Renova Group controls 40% since 2007.[5][7] Rosimushchestvo have tried several times to sell its stake. The new auction is scheduled for 7 December 2012.[2] In November 2011, Arbitration Court at Saint Petersburg Chamber of Commerce and Industry based on the lawsuit filed by Gazprom, started a supervisory procedure on Zavod Slantsy.[4]

References

  1. "История" [History] (in Russian). Zavod Slantsy. Retrieved 2012-10-30.
  2. "Росимущество вновь выставило на торги 41,75% акций завода "Сланцы"" [Rosimushchestvo again auctioned 41.75% stake in the plant Slantsy] (in Russian). RBC. 2012-10-24. Retrieved 2012-10-30.
  3. Leivernen, Jussi; et al. (2007-09-16). Modelling impacts of oil-shale mining on groundwater resources in the Slantsy region, Russia (PDF). 15th Meeting of the Association of European Geological Societies. Tallinn: Institute of Geology at Tallinn University of Technology. Retrieved 2012-10-30.
  4. "Ленобласть: В отношении завода "Сланцы" введена процедура наблюдения" [Leningrad oblast: for Zavod Slantsy introduced a supervisory procedure] (in Russian). SeverInform. 2012-11-02. Retrieved 2012-11-03.
  5. "Zavod Slantsy OAO". Financial Times. Retrieved 2012-10-30.
  6. Dyni, John R. (2010). "Oil Shale". In Clarke, Alan W.; Trinnaman, Judy A. (eds.). Survey of energy resources (PDF) (22 ed.). World Energy Council. p. 117. ISBN 978-0-946121-02-1. Retrieved 2012-10-30.
  7. Khrennikov, Ilya; Shiryaevskaya, Anna (2010-05-26). "Vekselberg to Revive Soviet Oil Plant as Russia Pushes Rich to Save Towns". Bloomberg. Retrieved 2012-10-30.
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