Biometionine

History

2025: Enterprise Creation

December 26, 2025 PJSC TATNEFT named after V. D. Shashin and the Chinese concern NTL Chemical Technologies LLC created a joint venture (JV) Biometionin LLC for the construction of an oil and gas chemical complex in Nizhnekamsk. The total investment of the project is 169 billion rubles.

According to the AK&M agency, in July 2024, negotiations were held in Beijing on the localization of production in the Russian Federation between representatives of the NingXia NTL Chemical Technology Co., Ltd Corporation and the Russian-Chinese Guild of Commerce. In July 2025, the Chinese concern NTL Chemical Technologies LLC registered Biometionin LLC in Nizhnekamsk (Tatarstan).

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Фото: Freepik

The Russian-Chinese joint venture was formed as a result of the incorporation of PJSC TATNEFT into the founders of Biometionin LLC. After the conclusion of the transaction recorded in the KonturFokus information system, the authorized capital of Biometionin increased to 100 million rubles from 10 thousand rubles. Shares in the authorized capital are equally distributed: 50% each belong to PJSC TATNEFT and NTL Chemical Technologies LLC.

As Vedomosti reported in August 2025, the project involves the construction of two plants on the territory of the Green Valley-2 special economic zone (SEZ) in the Nizhnekamsky district. The plants will produce high-margin products: DL-methionine, tryptophan, valine, isoleucine (amino acids) and xanthan gum (food additive, stabilizer and thickener).

According to Kommersant, the planned area of ​ ​ production territory is 171 hectares. The design capacity is scheduled for the second quarter of 2028. The project will create 978 new jobs.

The regional publication "Business-Online" clarifies that the company's products will be focused on the domestic market of Russia and exports to the countries of Southeast Asia and South America. The payback period of the project is estimated at six years. The projected net present value is about 75 billion rubles, the internal rate of return is about 28%.

According to Vedomosti, within ten years the complex will provide 77 billion rubles of tax revenues to the budget of Tatarstan. To implement the project, the borders of Nizhnekamsk will be adjusted, and the land from the forest fund category will be transferred to industrial.<refTATNEFT and the Chinese concern NTL Chemical Technologies LLC have merged to implement a project for the production of methionine in Nizhnekamsk</ref>^[1]

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