Synthesis PKG

Synthesis-PKZh is the only producer of carbonyl iron powders in Russia and the CIS (by March 2022). The company is located in Dzerzhinsk (Nizhny Novgorod region).

History

2022: Severstal withdrew from the capital of Synthesis-PKZh

At the end of March 2022, it became known about Severstal's withdrawal from the capital of the Synthesis group. According to the Unified State Register of Legal Entities, the new owner of Synthesis-PKZh LLC was LLC Consulting registered in Cherepovets. Investments, "owned by Alexei Kirp.

Financial and other parameters of the transaction are not disclosed. Interfax from an informed source only became aware that the ownership of Synthesis-PKZh really passed to a third party.

Severstal sold Russia's only carbonyl iron producer

By March 2022, Synthesis-PKZh is the world's second largest producer of such products with a market share of about 10%. The production volume of finished products exceeds 1,500 tons per year. The main share of revenue (over 95%) of the company is accounted for by export sales to leading producers of products from the listed industries.

Carbonyl iron is widely used: in electronics - primarily in the automotive industry (electronics in cars, electric cars), as well as in the production of household appliances, mobile phones, computers, TV, etc.; in various branches of both traditional powder metallurgy and metal injection molding technology (Metal Injection Moulding), in the manufacture of diamond tools and artificial diamonds, in the production of magnetorheological liquids.

The withdrawal of Severstal from Synthesis-PKZh LLC became known a couple of weeks after the main owner of Severstal Alexei Mordashov (owns 77.03% of the company) fell under EU sanctions. The company stopped exporting to Europe "due to some problems in interaction with European customers" and announced the reorientation of product flows to alternative world markets.^[1]

Notes