Nizhnekamskneftekhim plans to direct 30% of net profit on dividends in 2015.
Edited by Rhod Mackenzie / 2015-08-31 05:42:12
Finance Oil and Gas Refining Russia Dividends Petrochemicals PolymerUpdate Russia Oil and Gas Production and Refining
Nizhnekamskneftekhim (NKNK belongs to the TAIF group), a leading manufacturer of synthetic rubber and plastics, had confirmed its intention to pay dividends in the amount of 30% of net profit under RAS in 2015, Deputy CEO Igor Larionov stated during a conference call.
"In general, we expect that much better results will be shown than at the end of 2014. We will follow the dividend policy to direct 30% of RAS net income on dividends", - I.Larionov added.
