Enterprises run by the Belarusian state petrochemical concern Belneftekhim increased their export to Tatarstan by nearly 50% in January-August.
Belneftekhim representatives met with the top executives of the Russian company Nizhnekamskneftekhim on October 17. The Russian company is one of the largest partners of the Belarusian petrochemical industry in Tatarstan.
Upon the relevant instructions of the government Belneftekhim is in charge of advancing cooperation between Belarus and Russia’s Tatarstan.
In January-August Belneftekhim’s enterprises increased their export to Tatarstan by 46.1%. The main exports were cord fabric (up by 73.9%) and four-carbon fraction (up by 51.5%). Belneftekhim enterprises also export automobile tires primarily for the automobile engineering company KamAZ. From Tatarstan Belneftekhim imports artificial rubber, oil, and other products. Bilateral trade totaled $46.7 million, with Belneftekhim’s surplus at $4.8 million.
In January-August Belarus’ export to Tatarstan totaled $148.2 million, up by 13.1% YoY. (BelTA/Business World Magazine)