General information
Corporate History
Annual statement
Quality management system


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

Corporate social policy
Sponsorship and charity

Personnel policy
Strategy for Human Resources Management till 2020


LLC Metadynea
LLC Metafrax Trading
JSC Karbolit
LLC Metafrax-Inform
LLC MetaTransStroy
Metadynea Austria GmbH
Metafrax Trading International SA

Russia, Gubaha, Perm region, 618250
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Metafrax will invest more than 5 billion rubles in construction of the paraformaldehyde and formaldehyde plants

PJSC Metafrax and Altex-Stroy LLC have concluded a memorandum of understanding in relation to the general contractor contract signing for construction of the paraformaldehyde and formaldehyde production plants. The document was signed by general director of Metafrax Vladimir Daut and general director of Altex Stroy Sergey Sedov. Memorandum signing ceremony was held on 29th July 2020 on the facility of the Perm region administration in presence of the region head Dmitry Makhonin, vice president of the RF Commerce and Industry Chamber Elena Dybova and PJSC Metafrax board of directors chairman Armen Garslyan. 

The document confirms the readiness of Metafrax to invest more than 5 billion rubles (without VAT) in the investment project execution for creation of the paraformaldehyde (30 thousand tons per year) and formaldehyde (180 thousand tons per year) production on the production facility in Gubakha. The company Altex-Stroy confirms intention to sign in 2020 a contract of the construction contractor for the plants construction. 

The new plants start-up will allow to create at the enterprise more than 30 work places and increase the internal processing of methanol by 90 thousand tons per year. In such a way, the amount of methanol processing by the end of 2022 will reach approximately 450 thousand tons per year.

“Deeper methanol processing and output of the products, which previously were not produced in Russia, are foreseen by Metafrax development strategy till 2030. After commissioning of the new plant we will receive paraformaldehyde and become its only producer throughout the post Soviet Union area. We already have understanding, what the portfolio will be. I believe that thanks to our project the consumption amount for this product will increase in Russia”, clarified Armen Garslyan. 

“For our enterprise this is the second most important project after construction of Ammonia-Urea-Melamine (AUM) complex in terms of the investment amounts during the last years. We are going not just provide the Russian enterprises with paraformaldehyde. More than half of the product we are going to export”, informed Vladimir Daut.

“Altex-Stroy already for two years has been working on the AUM construction site. The new project is quite clear for us. We do not see any fundamental difficulties in construction and start-up of the plants in time”, stated Sergey Sedov.

“Just recently we met on the construction of the large-scale project, which is implemented by Metafrax: AUM Complex in Gubakha. Despite the global problems of today on the global markets, the investment activity of the company does not weaken. The paraformaldehyde plant construction project is aimed to import substitution. It means that the Russian enterprises will be less dependent on the import products. In Gubakha there will be more than 30 new well paid and highly-skilled work places. The social program of the  company creates in Gubakha the stability center. When there are a lot of such “centers”, quality of life in region is substantially better”, highlighted Dmitry Makhonin.

“At this difficult time we very often visit the regions and we see that the major part of the business points to the problems, difficulties. That is why implementation of such projects, and this is quite serious investments, is an indicator that Perm region and its administration purposefully support entrepreneurs, offer help to the business, create the conditions when the technologies, moneys are coming, work places are being created, not closed”,  noted Elena Dybova.


Technology and equipment supplier of paraformaldehyde production for Metafrax will be the engineering company GEA Process Engineering (Denmark). Technology licensor for formaldehyde production is Dynea AS (Norway).

In June 2019 a special investment contract (SPIC) was signed on the project execution. Within the program “Development projects” an agreement was signed with the Industry development Fund regarding provision of a loan in amount of 500 million rubles. Project implementation was started by Metafrax in 2019. Putting the facility in operation is planned for the end of 2021.

Armen Garslyan: “We retained stability”

At the first half of 2020, the revenues of PJSC Metafrax as per Russian Accounting Standard were 9,75 billion rubles. In comparison with the same period in 2019, this figure fell by 3,4 billion rubles or 25,9%. The decline of the company’s financial figures is attributed to the general fall of prices and consumption volumes in the global and Russian chemical products markets due to Covid-19 pandemic.

Despite the economic crisis phenomena, Metafrax continues implementing the current investment projects on the construction of ‘Ammonia-Urea-Melamine’complex and formalin and paraformaldehyde production plants.

The company’s investment budget in the first half of the year exceeded 5 billion rubles. The main lines of the capital investments were: the construction of ‘Ammonia-Urea-Melamine’complex - 4,2 billion rubles; the implementation of the investment project on the construction of formalin and paraformaldehyde plants – 173,8 million rubles; the construction of two residential buildings for the company’s employees – 115,9 million rubles. 

“At the beginning of the pandemic we estimated our powers and developed a set of anti-crisis measures. Despite the difficult conditions we managed to retain stability,” commented Armen Garslyan, the Chairman of the Board of PJSC Metafrax. “The promptly adopted set of measures guarantees the steady production and commercial operations of the company. As of today we state that we have fulfilled the main objective – we have retained the company’s team and the production performance capability.”

For the first half of 2020 the actual production volume of methanol was 625,3 thousand tonnes, of concentrated formalin - 108,7 thousand tonnes, of urea formaldehyde concentrate - 80,4 thousand tonnes, of pentaerythritol - 12,4 thousand tonnes, of hexamine - 13,7 thousand tonnes.

Metafrax develops cooperation with Perm Art Gallery

Metafrax and Perm Art Gallery start the implementation of the cooperated immersive project “Inside The Picture”.

This is a modern exhibition for children containing artworks, information accessibility, memorable installment, interactivity and a combination of different perception forms: visual, tactile and audio. 

A large collection of paintings in the gallery will allow showing bright and memorable artworks, and the implementation of modern multimedia formats will make the exhibition informational-intensive and apprehensive. The project is implemented with the support of PJSC Metafrax beneficial owner Seyfeddin Roustamov. 

“The peculiarity of this exhibition is that it will comply with children’s conception of the perfect exhibition. For this, we held a special poll for our young viewers.  Here it will be possible and it’s needed to see, research, think, ask questions, search for answers and interpret. There will be also new things that nobody does: children will be able to create artworks directly in the installment with any risks for exhibits: to paint in the air using a web-cam and monitor, by a program that recognizes hand moves. It allows to paint with gestures, transform color ideas in motion and save works of children on phone or tablet”,-said Science Deputy Director of Perm Art Gallery Olga Startseva. 

According to her story, an important additional format is a 4 episode cartoon, where the main character is a young artist.  There will be also prepared a visual tour for those, who are so far and for children and adults with disabilities. The exhibition journey is accompanied by a story of museum teacher about how and when a picture is created, which technologies can be and how to learn seeing something invisible. The exhibition will be opened in December this year.

Perm Art Gallery and Metafrax are connected by a longtime and productive partnership that it’s a great example of cooperation between the big industrial business and the cultural sphere.

“We planned initially that the exhibition will be interactive. Nowadays, in limited conditions due to the pandemic, this decision became very well-timed and relevant”,-commented the adviser to the Chairman of the Board of Directors of PJSC Metafrax Maria Konovalova. It’s planned that after the closure of the exhibition in Perm, it will be held in the local history museum of Gubakha. It’s a good opportunity to show the legacy of Perm Gallery in Gubakha for development of town cultural potential”.


The exhibition will be a continuation of another cooperative project between Perm Gallery and Metafrax: Chemistry of art. It was implemented in 2019. Its aim was to tell young viewers about non-possibility for existing of art without science on the example of artworks, which knowledge and possession are obligatory for each artist. 

The results of the joint grants competition of "Metafrax" and "Skolkovo" are summed up

Seven winners of the competition received grants from the PJSC Metafrax for the training under the “Junior Live Career Navigator” program at the Moscow School of Management “Skolkovo”. The start of training took place on July 6.

The Company announced the implementation of the joint educational project of "Metafrax" and "Skolkovo" for schoolchildren in the Kizel Coal-Basin towns at the end of 2019.

In total, more than 60 schoolchildren of grades 8-11 from Gubakha, Kizel and Gremyachinsk became participants of the project. Evaluation of the works was carried out by a competition commission from representatives of the “Skolkovo” School of Management and the “Metafrax Group”. The project was being implemented with the support of the majority shareholder of PJSC Metafrax Mr. Seifeddin Rustamov.

The selection took place in three stages. As part of the first stage, students had to write an essay on the topic “Who from the businessmen inspires me?” At the second stage the participants listened to an online lecture on the topic "How to Tell Your Story." Based on the gained knowledge the pupils had to talk about one of the products of the “Metafrax Group” in the form of a video message or presentation. 17 people took part in the second stage. Each work was unique in its own way and reflected the individuality of the participants.

14 pupils took part in the final selection and sent their videos about career development ideas. As a result of the competition, seven winners got the opportunity to undergo training on the “Junior Live Career Navigator” online program at the Moscow School of Management “Skolkovo”.

Over 2 months of training leading “Skolkovo” teachers and experts will help students to decide on the choice of a university and future profession, in which they want to develop. The training program includes 7 modules, based on the results of which each participant will draw up a preparation plan for the implementation of their professional identity and continuous development for 10 years in advance.

 «This unique education project for the Kizel coal basin’s towns became possible thanks to the cooperation between the township-forming enterprise “Metafrax” and the Moscow School of Management “Skolkovo”, - commented the assistant of the Chairman of the Board of Directors of “Metafrax”  Mrs. Maria Konovalova. – Despite the difficulties, that we had to face due to the restrictions due to the coronavirus pandemic, we found an interesting format for online learning for pupils. The “Career Navigator” is a great opportunity for high school students to decide on the choice of a university and future profession. It is important, that schoolchildren not only from Gubakha, but also from Kizel and Gremyachinsk became the finalists and participants of the training at “Skolkovo”. We thank everyone for the active participation in the project and wish them further success».

Spherical tanks at liquid ammonia storage are under installation

Despite the cold and rainy weather in the second half of June, the installation of steel structures and equipment on facilities for Ammonia-urea-melamine (AUM) Complex of Metafrax Chemicals was continued. Works are proceeded as per schedules.

The installation of upper cladding for spherical tanks at liquid ammonia storage has been continued. Sheet stainless steel with thickness of 1 mm is used. The volume of one tank is 3000 m3, diameter is 18 m. The total square area of stainless steel cladding surface for three tanks exceeds 3000 m2.

The big scope of works is performed by fitters of Uralenergomontazh company (UEM). At the highest tower of Urea plant (height of 61 m) they lifted up, put between steel structures and fixed at elevation of 54 m an MP absorber with mass of about 10 tones. Besides, workers of this subcontractor company installed 8 items of big equipment with mass of more than 30 tones: 4 steam condensators,  2 condensate separators and 2 vacuum separators of melamine plant at different elevations of off-gas pump house tower for urea plant.

On regenerator of CO2 recovery unit the installation of service platforms, staircases, process pipelines and equipment piping inside the pump station building has been continued.

Workers of subcontractor organization Altex Stroy continue the installation of piperack coming from building of urea classifier for AUM storage facility up to operating urea storage. Five spans with mass of more than 70 tones are installed. In upcoming days 3 spans more will be erected.  

Dmitry Mahonin, Head of the Perm region: "Metafrax's production culture is one of the best In the country"

As part of a working trip to the cities of Kizel Coal Basin, Dmitry Mahonin, the head of the Perm region, visited the production site of the "Metafrax Chemicals" company. Armen Garslyan, Chairman of the Board of Directors of the company  and Vladimir Daut, its General Director, briefed the Governor regarding the implementation progress of the largest investment project in the Kama region for the construction of "Ammonia-Urea-Melamine" complex (AUM).

- At the moment, the construction of the main structures of the complex is being completed and the installation of complex process equipment is underway. The works are carried out at the maximum possible pace and in compliance with anti-epidemic requirements. Each day there are over two thousand people working on site, - said Armen Garslyan.

The scope of completed construction and installation works at the facility reached 70%. The unit readiness of the future complex is from 50 to 80%. The volume of investments reached 48 billion rubles, excluding VAT.

At the AUM complex construction site, the head of the region inspected the ammonia compression workshop, laboratories and the Central control room (CCR). Dmitry Mahonin also visited the CCR of methanol production and the enterprise museum, where he left a memorable entry in the Book of honoured guests.

- Metafrax's production culture is one of the best in the country and it is impressive. Investment in the AUM complex construction equals an investment in the development of the Perm region territory. I hope that all the upcoming plans will be implemented by Metafrax and I wish success to the management and staff. As a regional government, we are ready to go shoulder to shoulder with the company in regards to forming social infrastructure in Gubakha and providing tax incentives and preferences for new investments, - Dmitry Mahonin stressed. 

The total cost of the project implementation for the AUM complex construction is estimated at more than 58 billion rubles, excluding VAT. It is planned to create more than 400 new job positions. The design capacity of the plant will allow to annually produce up to 575 thousand tons of urea, 308 thousand tons of ammonia and 40 thousand tons of melamine per year.

Senior priest Yaroslav Monchak, member of Gubakha's church: "Thank You for your good deeds"

Employees of "MetaTransStroy", a part of "Metafrax Group", carried out repair works in the church in honour of "Joy of all Mourners", the icon of the Mother of God,  in Gubakha. The works were organized as a charity and involved qualified climbers.

- At the end of last year and during this year, "MetaTransStroy" performed partial repairs of the roof, external drainage and heat tracing system of the church, with the restoration of landscaping. We also installed walkways with polymer coating under the dome of the church, partially replaced the stained glass windows and double glass panes, performed window washing and plastering work under the dome, - said Alexander Gerovich, General Director of "MetaTransStroy" LLC.  

- Now our beautiful church will be in good condition. Our requests for help are never ignored. I thank Vladimir Alexandrovich Daut for the good deeds as well as all the workers of the enterprise that has organized and conducted these works, - as said to the "Mediacube" online news outlet by senior priest Yaroslav Monchak, member of Gubakha's church in honour of "Joy of all Mourners", the icon of the Mother of God.

"Joy of all Mourners", the icon of the Mother of God, was built at the expense of donations from residents of Gubakha and patrons and was consecrated in 2007. A significant contribution to the construction of the church was made by the city-forming enterprises - "Metafrax" PJSC and "Gubakha's coke" JSC. The congregation had organised a Board of Trustees, which was chaired by Vladimir Daut, General Director of "Metafrax" PJSC. 

The construction of production facilities of the "Ammonia-Urea-Melamine" Complex enters the final stage

The scope of the performed construction activities in the production (ISBL) area of the "Ammonia-Urea-Melamine" Complex reached 70%. The main powers of the constructors are directed now to the installation of the process pipelines and electrical equipment, laying of electrical cables.

On the first terrace concreting of floors and basins under the pipe racks is being completed. Work contractors carry out electrical installation works on laying cables on the process pipe racks and inside the buildings. Lighting and grounding systems are being installed. Preparations have begun for hydraulic testing of ammonia unit pipelines.

The installation of process equipment has been completed and preparations for the difficult technological process have begun in the steam boiler area, namely – chemical cleaning of the pipelines by forces of the specialized Company   LLC «Sibtech» (Novosibirsk).

The installation of the low pressure pump house   and installation of process pipelines is going on for the urea unit. 85 of 149 items of equipment are installed in the high pressure pump house. 42 items of rotating equipment are released, piping of them is in progress now.

The installation of steel structures of the building is going on for the melamine plant.  The works for the zero cycle are at the final stage. The installation of concrete floors for the melamine pump house, concrete floors and basins for equipment is in progress. The Installation of equipment is also in progress at various elevations of the building.

The pump house of melamine is the most difficult object of the AUM Complex from the process point of view.  Work Contractors have already installed here   90 of 158 items of equipment. The installation of the drying and melamine filtration unit is going on. The melamine disintegrator was installed here in June. Constructors have started the installation of steel structures of the melamine transportation gallery.

Victor Suruda: ""Uralenergostroy"'s participation in the AUM complex construction is a significant event in the company's history"

Viktor Suruda, General Director of «Uralenergostroy» MC, visited the construction site of the Ammonia-Urea-Melamine (AUM) complex of «Metafrax Chemicals» company in Gubakha.

"Uralenergostroy" ("UES") is the general contractor for the construction of the ISBL area facilities (production facilities) of the AUM complex. During the trip, the head of the management company monitored the progress of construction and installation works at the site and discussed the completion dates for the construction of facilities. The head was accompanied by his deputy, Sergey Lozhkin, the Director of the Perm branch of the company as well as by Vladimir Pavlov, the project manager. Viktor Borisovich inspected the auxiliary boiler room, ammonia compression and synthesis areas, units for CO2 recovery from flue gases as well as urea and melamine units.

Following the visit, the General Director of "UES" stressed that the invaluable work experience gained in Gubakha while implementing a unique project will strengthen the professional qualities of the staff, will contribute to the development of the potential and the growth of the authority of "Uralenergostroy".

- The participation of our company as a general contractor of such a large-scale project is a significant event in its eighty-two-year history. Trusting partnership relations with the customer – "Metafrax" PJSC - will have a positive impact on the reputation of "UES" and will be the key to fruitful cooperation. And if "Metafrax" invites our company to participate in its new projects again, we will gladly accept the offer and guarantee the quality of work", - stated Viktor Suruda.

"Uralenergostroy" Management Company is one of the largest suppliers of construction and installation services for industrial complexes and generation facilities on the Russian market. The number of thermal power plants, GRES and nuclear power plants constructed by "UES" employees is approaching 40 facilities. Viktor Suruda, the Honoured Builder of Russia, was born in Sverdlovsk in 1942. From 1965 to 1988, he worked as a foreman, master, Deputy Manager of the "Uralenergostroy" trust and then became its manager. He has been a General Director of "UES" company since 2004.

Billion for the new houses

In autumn of 2020 Metafrax will complete the construction of the two more houses for Gubakha citizens.

In Gubakha, at the top of Lenina street there is ongoing construction of the residential area of the modern brick nine-story houses. In autumn 2019 Metafrax constructed and settled 4 nine-story houses with total area 26,8 thsd. square meters. In February 2019 the construction of the two more houses was started with 81 apartment in each. Their settlement is planned for autumn 2020.

The houses are being constructed by MetaTransStroy, the part of Metafrax Group. Now the construction workers are finishing the territory near the houses around fifth and sixth building, equip in the new houses roofs and heating systems, adjust the elevator performance, water supply systems and sewer, electricity and gas supply. In all the rooms the finishing works are being completed.

“The housing program is an important aspect of our social and HR policy. With all the complexities of the present time we pay special attention to it. The need for the quality housing is a priority, that’s why we help our employees with what they need the most. To construct the 6 houses the company provided 1 billion rubles”, informed PJSC Metafrax general director Vladimir Daut.

Metafrax step by step implements its housing program. The total area of residential buildings built by the company since 2002 is 60 thousand square meters, including the last 6 houses - 46 thousand square meters.

“Metafrax as a socially responsible employer develops the housing construction in Gubakha. For the first time in many years there is an integrated housing construction of the whole residential area. The company is constructing the houses in accordance with the unique design and finishing the area around the houses on the brand new level for our town. These skyscrapers embellished Gubakha, they were built considering the architectural concept of development and improvement of the town area” highlighted Gubakha town area head Nikolay Lazeikin.

The substantial part of the new houses is dedicated for the employees of the constructed Ammonia-Urea-Melamine complex. The apartments in the new houses are received both by the young specialists of Metafrax and by the experienced employees. The apartments are provided to the company employees for rent, or they can be purchased with payment by installments

till 15 years. The employees have a right for an interest-free loan and discounts for the apartments purchasing. Part of the apartments in the new houses is foreseen for the town needs, including as well the families of the medical specialists and teachers.

Synergy between science and the real economy

Armen Garslyan, the Chairman of the Board of Directors of PJSC "Metafrax" and a member of the Legislative Assembly of the Perm region, supported the initiative of Dmitry Makhonin, the head of the Perm region, to expand the competence of the Perm research and educational center "Rational subsoil management".

Within a comment to the "New Companion" newspaper, Armen Gayosovich noted that the developments of Perm scientists may play a significant role in overcoming negative phenomena in the region's economy.

- The REC already demonstrates real results of cooperation between science and industrial enterprises. "Metafrax", which is constantly working to improve the technological efficiency of production and develop its own product line, has extensive experience of cooperation with various research and educational organizations, such as PNRPU. However, the REC offered the company a new format of interaction, acting as an integrator of the scientific efforts of the University community of the Perm region, - stated Armen Garslyan.

As was reported previously, the center has prepared technical and commercial proposals for a number of promising projects for "Metafrax". On their basis, scientific teams will be identified, to whom further cooperation will be offered. In addition to REC specialists, employees of ""Metafrax" Engineering and Technology center" LLC as well as scientists from Perm universities - PNRPU and PSNRU – participate in the joint activities. The next step that is being discussed is the signing of an agreement between the Government of the Perm region and "Metafrax Group" regarding cooperation within the Perm research and educational center.

- This document will allow us to strengthen our cooperation and move to a new, deeper level of partnership, Armen Garslyan noted.

The agreement provides for a joint discussion of issues related to the implementation of the center's program of activities, provides an opportunity to support the research development, industrial development and introduction of new types of products and technologies to the Russian and worldwide markets as well as the modernization of existing and creation of new production facilities.

The document also provides for the creation of an improved training system for highly qualified scientific and industrial personnel as well as a number of other areas of cooperation.

The "Rational subsoil management" research and educational center was established within the framework of the "Science" national project under the decree of the President of Russia № 204 "Regarding national goals and strategic tasks for the development of the Russian Federation for the period up to 2024".

For more information read the "New Companion" newspaper:


Oleg Mamaev: "We knew that the "tsunami" would come to us"

In an interview with online media outlet "RBK-Perm", Oleg Mamaev, General Director of "Metafrax Trading" LLC, spoke about the situation development of the methanol market during the economic crisis and the COVID-19 pandemic, the results of the company's work and the expected measures of state support.  

According to Oleg Mamaev, the company's management already took care of the situation in the commodity and financial markets in the fourth quarter of 2019.

- We were preparing for the crisis, so we applied a new sales strategy. We began to sign contracts for the supply of products not only for a year, but also for two or three years. Sales plans have become medium and long-term instead of short-term. Thus, we have secured plans for the chemical products manufacturing for the group's companies, - said Oleg Mamaev.

As a result, the approved budget targets were achieved in the first quarter of 2020.

- We have observed how the situation was developing in China, conducted analysis and forecasts about how it might affect our markets. "Metafrax Trading" is not present in China's methanol market, but since it is the world's №1 consumer, we knew that the "tsunami" would come to us too," highlighted Oleg Mamaev.

Now, according to Oleg Mamaev, the important question is what kind of support the Russian authorities will be able to provide to the business.

- We expect that the state will understand the need to preserve the industry's enterprises. The reduction of tariffs for gas and rail transportation would substantially ease the pressure on methanol producers. The support for investment projects is required in terms of subsidizing the interest rate on loans. This kind of support is mutually beneficial to all parties. Successful implementation of investment projects significantly increases tax deductions of the companies into budgets of all levels. The second one is the modernization of infrastructure and the provision of benefits to enterprises and industries that invest in infrastructure, - stated Oleg Mamaev.

The full text of the interview can be found here.


A reference section for the "Labor productivity improvement and employment support" national project was created at "Metafrax

The results of the first stage of the project implementation for labor productivity improvement were summed up at "Metafrax Chemicals" company. This work resulted in the creation of a reference section for the repair of valves at the department of equipment maintenance and repair in process workshops (Repair Workshop).

75 employees of the company have been trained in the Federal center of competence in the field of labor productivity. Three employees were trained and certified at this center. They have trained more than 100 employees of Repair Workshop in lean manufacturing programs. The company has started further replication of the gained experience in all branches of the Repair Workshop.

- For our company, the participation in the project is a unique opportunity to gain practical experience. We plan to replicate it in all workshops of the company. We are learning the skillful production decisions, analysis of losses and flow formation, optimum interaction and use of the lean production tools, - said the Elena Vetluzhskih, the Project Manager and the Deputy General Director for finances and economy of  "Metafrax" PJSC.

The company's specialists are working on the project implementation in close cooperation with an expert from the Federal center of competence in the field of labor productivity and specialists from the Ministry of industry, entrepreneurship and trade of the Perm region.

- The implementation of this project will ensure stable operation of production, taking into account the placement in operation for new capacities, including the "Ammonia-urea-melamine" complex. As a result, even with an increase in the number of divisions served and preservation of the regular number of repair service employees, the department will be able to fulfill its tasks, – said Elena Degtyareva, Deputy Minister of industry, entrepreneurship and trade of the Perm region.

The priority Federal program "Labor productivity and employment support", which received the status of a national project in 2018, has been implemented in the Perm region since 2017. Participation in the project provides businesses with serious support measures. This not only refers to creation and development of lean production, but also to digitalization and automation of labor. Moreover, grants are provided for the training of specialists and creation of competence centres. About 80 enterprises of the region participate in the national project. "Metafrax" entered the project in September of 2019 and became the first company in the Kama region to start working on improving the efficiency of repair services.

"Metafrax Trading International" and "Metadynea Austria" companies reach planned targets in the 1st quarter of 2020

Last week, the working meetings of the heads of "Metafrax Group" were held as video conferences to review the businesses of "Metafrax Trading International" and "Metadynea Austria". The participants discussed the results of the companies' performance in the first quarter of 2020 as well as reviewed various forecast scenarios for the second quarter and the current year.

Based on the results of operations in January-March of 2020, the companies achieved all of the planned values – both in terms of volume and profit.  According to Armen Garslyan, Chairman of the Board of Directors of PJSC "Metafrax", this indicates the correctness of decisions made earlier based on the situation analysis for the commodity and financial markets. As a result, the companies met the economic crisis of 2020 in a more prepared way.

There is a significant decrease in demand for products in the entire chemical industry in the second quarter of 2020 due to the COVID-19 pandemic. A set of anti-crisis measures is being taken in order to mitigate these consequences for companies of "Metafrax Group".

- We continue to work on all investment projects that were launched earlier. We temporarily suspend the implementation of projects that have not entered the active stage – at all production sites, including the site in Krems, Austria. At the same time, we are trying to respond to the challenges of the time as quickly as possible. Thus, the "Metadynea Austria" company established the production of an ethanol-based disinfectant in April. The production of almost 700 tons of highly demanded antiseptic is planned in April-May. Therefore, we are involved in solving issues related to lessening of the epidemic consequences  and at the same time - we are increasing the capacity utilization of the company in a difficult period for the economy. We are also working with the government of Austria for provision of possible measures of state support to the enterprise in terms of credit provision to maintain liquidity and to subsidize part of the expenses for staff salaries, - Armen Garslyan informed.

Mr. Armen Garslyan: The construction of the paraformaldehyde and formalin plants at Metafrax site will begin in one month

During the meeting of the Head of Perm Region Mr. Dmitrii Makhonin with the heads of big enterprises of the Region, the Chairman of the Board of Directors of PJSC "Metafrax" Mr. Armen Garslyan reported on the progress in the implementation of investment projects of the Group of Companies in Kama Region.

- All our previously started investment projects are being implemented. As recently as in one month the work will begin on the construction of paraformaldehyde and formalin plats at the Metafrax site. The contracts with the suppliers of the equipment are concluded, equipment will start arriving in the third quarter, - declared Mr. Armen Garslyan.

Also the construction of «Ammonia-Urea-Melamine Complex» (AUM) is continuing in Gubakha.

- Works are going on as fast as possible. More than 2,000 people work daily on the construction site, - stated Mr. Armen Garslyan and thanked the specialists of the regional department of Rospotrebnadzor and the Perm Region Government for their assistance in organizing measures to ensure the safety and health of the personnel at the site.  

Construction of the AUM Complex is included in the permitted list of objects of the regional Ministry of Construction, work on which should not be stopped. As a result of the startup of the new production, more than 400 new qualified working places will be created.

The Chairman of the Board of Directors of Metafrax told  the Head of the Perm Region about the problems, that  faced  the  industrial enterprises of the chemical industry during the COVID-19 pandemic and disclosed  a number of proposals on possible measures to support them, including areas of bank lending, rail transportation and gas costs in the domestic market.

- Perm Region is an industrial region, and the driver of its development are industrial enterprises. Therefore, it is especially important now to help them to ensure stable operation and implementation of investment projects, - highlighted the Head of the Region Mr. Dmitrii Makhonin during the meeting with industrialists.    


The investment project to establish production of paraformaldehyde (30 thousand tons per year) and formalin (181 thousand tons per year) at PJSC Metafrax is estimated to the amount about 5.2 billion rubles. The realization of the project will create more than 30 additional working places.

The supplier of equipment and technology to produce paraformaldehyde will be Danish engineering Company - GEA Process Engineering. The licensor of formalin production technology is the Dynea AS Company (Norway).

A special investment contract was signed in June 2019 for the project realization to construct industrial formalin and paraformaldehyde plants in Gubakha.

In addition, an agreement was signed with the Federal Fund for Industry Development with the participation of the regional Ministry of Industry and Trade, to provide a loan for the project.