February 13, 2014 12:00
Bashneft head, Goldovsky leave expanded UPC board
MOSCOW. Feb 13 (Interfax) - The shareholders of United Petrochemical Company (UPC), a division of Russian conglomerate Sistema JSFC (MOEX: AFKS), voted at an extraordinary general meeting on February 10 to expand the company's board to nine directors from seven, UPC told Interfax.
Shareholders also elected a new board of directors that includes Felix Yevtushenkov, senior vice president of Sistema and chairman of oil company Bashneft (MOEX: BANE); UPC president Kirill Tyurdenev; Sistema executive vice president and Bashneft board director Mikhail Cherny; Bashneft senior vice president for refining and commerce Maxim Andriasov; former Moscow Mayor Yury Luzhkov; Salambek Khadzhiyev, director of the Topchiyev Petrochemical Synthesis Institute of the Russian Academy of Sciences; Vladislav Bazhenov, advisor to Bashneft's president; Farkhad Samedov, director of Bashneft's petrochemical department; and Vladimir Uvakin, executive vice president for corporate relations and corporate property at Sistema.
Bashneft president Alexander Korsik and business Yakov Goldovsky, who was previously chairman of UPC, have left the company's board. It was reported earlier that UPC is distancing itself from the image related to Goldovsky's company.
UPC was founded in 2011 as a joint venture between Bashneft and Goldovsky's Petrochemical Holding. However, Goldovsky later withdrew from the venture and Bashneft, after consolidating UPC, sold the petrochemical company to Sistema. Sistema plans to develop the petrochemical division as a separate business.
UPC owns four plants in Bashkortostan: OJSC Ufaorgsintez (MOEX: UFOS), gas processing plants LLC Tuimazinskoye GPP and LLC Shkapovskoye GPP, as well as LLC Bisfenol. The UPC group had total revenues of 17.9 billion rubles in 2012.
(Our editorial staff can be reached at firstname.lastname@example.org)
June 19, 2018
Poroshenko submits High Anti-Corruption Court bill to Verkhovna Rada
Polymetal offered to buy Petropavlovsk's unfinished POX Hub - shareholder
Some 300 civilians return to their homes in Syria's Homs governorate, E. Ghouta in past day - Russian Defense Ministry
Russian embassy hopes U.S. senators' Moscow visit to positively impact bilateral ties
INTERFAX RUSSIA AND CIS BUSINESS AND FINANCIAL NEWS
Mines, roadside bombs, explosive devices defused in Yarmouk in Damascus outskirts - Russian Defense Ministry
RUSSIA AND FSU GENERAL NEWS
Results of forex trading on Moscow Exchange on June 18
Russia political and economic calendar: June 19
June 18, 2018
China aims for 100,000 exchange students with Russia
Prosecutor General's Office seeking to strip deputy Belousov of immunity in connection with inquiry against ex-Chelyabinsk governor Yurevich - lawyer
Russian embassy urges British authorities to end Border Force's prejudiced treatment of Russian citizens
UK Ambassador to Russia Laurie Bristow has given an interview to Interfax in which he speaks about the level of cooperation with Russia as part of preparations for the FIFA World Cup, his expectation as to the number of British fans who will come to Russia and other aspects of preparing for the tournament.
The director of the Executive Committee of the SCO Regional Anti-Terrorist Structure, Yevgeny Sysoyev, gave an interview to Interfax in which he discussed threats that Russia and the world face in the light of ISIL‘s transformation, as well as the structure‘s achievements in the fight against terrorism.
Ahead of his visit to Moscow newly-elected Austrian Chancellor Sebastian Kurz has given an interview to Olga Golovanova for Interfax. In the interview he speaks about his expectations from the upcoming meeting with the Russian president, his vision of solving the energy-security problem in Europe, the migration crisis, and explains conditions under which some sanctions could be lifted from Russia.