Kuchuksulfate

History

2023: Roshim bought Kuchuksulfat from the state for 10.3 billion rubles

The Kuchuksulfat plant, which previously belonged to the state, was bought by the Roshim company for 10.3 billion rubles. The results of the corresponding auction on the site torgi.gov.ru summed up at the end of October 2023.

Roskhim acquired 100% of the shares and the entire property complex of the Kuchuksulfat plant. It is also known that two more participants who claimed to buy the enterprise were not allowed to bid.

Roskhim became the owner of the Kuchuksulfat plant

According to the terms of the competition, the new owner of the Altai plant is obliged to maintain a staff of 1,100 people within 4-5 years after the transaction, leave the main activity, achieve average annual revenue of 5.6 billion rubles, build a boiler unit with a capacity of 65 t/h steam and fulfill other obligations. On its website, the Roshim company indicated that it plans to invest about 2 billion rubles in the development of the capacities of the Altai plant through the modernization of the concrete spillway of platinum of the reservoir on the Kuchuk River, the construction of a boiler unit, a new warehouse for finished products and a cooling tower.

After passing the necessary procedures for the transfer of ownership, Roshim intends to begin forming a strategy for the development of the enterprise for the near future within the framework of fulfilling the conditions of the Federal Property Management Agency, - said in a statement to Roshim.

Kuchuksulfate produces sodium sulfate (also used for the production of detergents) from mirabilite extracted from the Kuchukskoye lake mineral salt deposit in the Altai Territory. Production capacity - 800 thousand tons of natural sodium sulfate per year. Raw materials are mined on Lake Kuchuk, the reserves of which in category A + B + C1 + C2 are estimated at 224.9 million tons of sodium sulfate.

In September 2023, 132,480 Kuchuksulfat shares were put up for sale in a single lot, which is 100% of the company's authorized capital. The lot also included the company's property complex: more than 337 objects.^[1]

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