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Corporate History
Annual statement
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PRODUCT RANGE
Methanol technical
Urea formaldehyde concentrate
Formalin technical
Concentrated low-methanol formalin
Pentaerythritol technical
Dipentaerythritol technical
Pentaerythritol technical micronized
Hexamethylenetetramine technical
Hexamethylenetetramine micronized
Caprolon (block polyamide 6)
Granulated polyamide 6
Sodium formate technical
Aqueous sodium formate solution
Aqueous urotropine solution
Crude methanol

RESPONSIBILITY
Corporate social policy
Sponsorship and charity
Ecology

CAREER
Personnel policy
Strategy for Human Resources Management till 2020

CORPORATE NEWSPAPER

COMPANIES OF METAFRAX GROUP
LLC Metadynea
LLC Metafrax Trading
JSC Karbolit
LLC Metafrax-Inform
LLC MetaTransStroy
Metadynea Austria GmbH
Metafrax Trading International SA

Russia, Gubaha, Perm region, 618250
Обратная связь
(Согласие)

The majority shareholders of "Metafrax" waive the dividends


06.04.2020

Seyfeddin Rustamov, the beneficial owner of PJSC "Metafrax", intends to refuse the dividends payment for 2019. It is planned that financial resources will be used to support the existing production and personnel of enterprises as well as investment projects for the construction of new industrial complexes and units that are currently being implemented.

- The situation of the global market of methanol and its derivatives is currently negative. The consumption volume is decreasing and product prices are falling. We are aware of our responsibility to our partners, employees and society; therefore, in difficult times of crisis, we focus on ensuring the business continuity and ensuring stability for our employees. In this regard, I have made a decision to suggest that the shareholders of "Metafrax" waive the payment of dividends for 2019 and suspend the development of investment projects that have not yet begun. Work on projects that are under implementation will continue, - Seifeddin Rustamov stated.

- The management team of "Metafrax" welcomes the responsible decision made by the beneficial owner. For our part, we have assured all suppliers of raw materials that the raw material component of the company's costs is not reduced. We intend to negotiate with banks in regards to reducing credit interest rates. Together with our partners - producers of methanol, we address the federal authorities with a request for state support measures. We also plan to bring a proposal to the Governor of the Perm region in regards to changing the terms of special investment contracts and providing possible support at the regional level, - said Armen Garslyan, Chairman of the company's Board of Directors.

"Metafrax Group" actively cooperates with the government of Perm Krai on the issues of ensuring sanitary and epidemiological welfare of the population in relation to the COVID-19 epidemic and participates in issue resolution for reduction of coronavirus infection impact for the population in general as well as for the most vulnerable business sectors such as small and medium businesses. "Metafrax" sent financial aid to the Perm regional fund for social support of the population as part of a "Healthy Kama region" fund-raising charity event for the coronavirus control. The money will be spent on additional medical supplies, equipment, personal protective equipment and social support for the population.

< Russian companies of Metafrax Group switched to the “day-off” operation
Metafrax is the second largest exporter of the Perm Region >