Zavod Slantsy OAO | |
Type: | Public |
Location City: | Slantsy, Leningrad Oblast |
Location Country: | Russia |
Industry: | Petrochemical |
Parent: | Rosimushchestvo |
Zavod Slantsy OAO (former names: Gazoslantsevyi zavod and Slantsepererabatyvayushiy zavod Slantsy, ru|ОАО «Завод Сланцы») is a petrochemical company based in Slantsy, Leningrad Oblast, Russia.
The company was established in 1945 to supply Leningrad with oil shale gas, synthetic gas produced by oil shale pyrolysis.[1] 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. Since 1955 until 2000 the plant produced shale oil using Kiviter technology.[2] In addition, it produced other chemical products from oil shale. Oil shale was supplied by the mining company Leningradslanets. In 1970, the company started petroleum coke tempering.[3]
Zavod Slantsy was reorganization from Slantsepererabatyvayushiy zavod Slantsy in 1993.[4] 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.[5] As of today, the company produces polymeric petroleum resin and distillates, petroleum coke tempering and gas condensate refining.[4]
Rosimushchestvo controls 41.75% shares (55.7% of votes) of the company while Viktor Vekselberg's Renova Group controls 40% since 2007.[4] [6] Rosimushchestvo have tried several times to sell its stake. The new auction is scheduled for 7 December 2012.[1] 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.[7]