TANECO – a modern company of russian Petroleum Refining industry within TATNEFT Group of companies, which is of strategic importance for development of Tatarstan economy.
The company was formerly known as CJSC Nizhnekamsk Refinery and changed its name to TANECO in June 2007.
The first stage of the Oil Refining and Petrochemical Complex was put into operation in December 2011. Achievement by TANECO the design capacity, that is 7 mln. tons of crude oil, provided Tatarstan the possibility to rank 6th within the regions of Russia in terms of oil refining capacities.
In 2013 fulfilled revamping works on CDU-VDU -7 allowed to increase the capacity of the mentioned Unit up to 115 %. Thanks to this strategic Project, TATNEFT became a leader among the other Russian oil refineries as per units’ capacities.
The construction of the combined Hydrocracking unit was still in progress while the 1st Start up Complex design capacities had been reached. Hydrocracker competitive advantage is combined production of base lube oils group III. Commercial unit application started in March 2014, the unit was completed in record-breaking time for Russian oil refining industry – within 4 years. The Unit is designed for annual processing of 2,9 mln. tons of crude mixture and production of diesel fuel Euro 5, jet kero and hydrotreated gasoil.
As of today JSC TANECO has achieved operational indicators which exceed the industry-wide values.