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Togliattiazot – Top 2021 Euroasia ammonia producer

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Togliattiazot – Top 2021 Euroasia ammonia producer

About Togliattiazot Company

Togliattiazot (PJSC TOAZ) is a Public Joint-Stock Company, one of the largest ammonia producers in Russia and the world. The company can boast the capacity of more than 3 million tonnes of ammonia per year, which makes it the third top producer of this substance in the world. TOAZ also produces urea-formaldehyde concentrate and a number of other chemicals that are сonsumed on five continents. Togliattiazot belongs to one of Samara Region’s largest employers and taxpayers, and, based on Forbes, RBC, and Expert magazines, ranks among major companies in Russia. In 2019, TOAZ celebrated its 40th anniversary: it started operation on 7 April 1979. More details on Togliattiazot can be found on www.toaz.ru and social media.

Achievements of the Togliattiazot Company in 2020

On 13 February 2020 Togliattiazot (PJSC TOAZ) reported its achievements in 2019. The largest ammonia producer of Russia announced the production of the highest output of ammonia during its 40-year history, as well as the biggest amount of urea over the past 12 years. In 2019, TOAZ produced 3.019 million tons of ammonia (compared to 2.754 million tons in 2018). The production of urea was increased by almost 19%, which is 784.6 thousand tons (compared to 659 thousand tons in 2018). That’s the highest figure recorded over the past twelve years. Besides, Togliattiazot produced 45,034 tons of urea-formaldehyde concentrate (UFC) last year. That’s another important product of the company.

These achievements are the direct results of a large-scale investment program that was specially created to upgrade the company’s existing production capacities, as well as to create new ones. Since 2012, when the program was initiated, Togliattiazot has invested over 47.5 billion rubles (US$ 746 million as of Feb. 13, 2020) to improve the production process. During this time, TOAZ has managed to increase the production of their major products.

According to the General Director of CJSC Corporation Togliattiazot, Dmitry Mezheedov, high production results in 2019 were achieved due to the introduction of the strategic program for the development of capacities, which also helped the company to stay the leader in the market. In 2020, TOAZ works upon the construction of the urea production unit N3, re-equipment, and modernization of its technical units to guarantee their uninterrupted functioning. The board of directors intends to achieve one more goal – to increase the production of ammonia to 4.15 million tons. Dmitry Mezheedov is sure that TOAZ will manage to do it while retaining its leadership positions in the country and competing with other ammonia producers in the world. 

In 2019, Togliattiazot completed technical re-equipment of ammonia production unit No. 3 stabilizing the operation of equipment and decreasing the consumption of natural gas during the manufacturing process. Overhaul works were performed on ammonia production units No. 2 and 5, as well as the two carbamide production units.

Togliattiazot Strategy till 2025

On December 23, 2019, the Board of Directors of the company has approved a new strategy of operation till 2025. According to the strategy document, the company intends to become a leader in the production of nitrogen fertilizers in the country and one of the largest producers in the world. To achieve this goal, Togliattiazot plans to increase ammonia output by about 40% (to 4.15 M tons per annum (tpa)), urea production – by at least 2.5 times (to 2.53 M tpa)) and EBITDA – by 3.3 times. The management and members of the Board highlighted that the mission of PJSC TOAZ is based on maintaining crop yield and land fertility to benefit the planet.

According to the new strategy of the company, Togliattiazot has defined strategic initiatives to achieve the set vision. They contain three blocks: increasing commercial efficiency, improving operational efficiency, and production site development. To increase commercial efficiency, PJSC TOAZ plans to improve commercial terms for the major products with important buyers. The operational efficiency can be improved by aligning the repairs function with the high-rate practices in terms of the duration and frequency of turnaround maintenance, reducing gas consumption, and increasing labor efficiency. Production site development involves the construction of ammonium nitrate and carbamide-ammonia mixture unit as well as the urea plant No. 4. This will allow adding new products to Togliattiazot’s portfolio. The company also plans to improve the productivity of ammonia production units and to complete the construction of the fertilizers’ transshipment terminal in Taman.

PJSC TOAZ expects the number of investments to reach RUB 112 billion (about US$ 1.8 bn as of Dec. 23rd, 2019). The funds will be used for the increase in production volumes and the development of production capacities. According to the PJSC TOAZ Chairman of the Board, Petr Ordzhonikidze, the strategy adopted till 2025 demonstrates the leadership aspirations and an ambitious vision of the Togliattiazot team – https://togliattiazot.care/. Nevertheless, they believe that the set goals can be realized, especially taking into account the amount of work done over the past seven years. According to the strategic modernization program, over RUB 33 billion has been invested in the development of the production facilities of Togliattiazot. Other steps depicted in the new strategy include product portfolio expansion, product development,  and improving marketing. Petr Ordzhonikidze is sure that the products of TOAZ need to become “a synonym of efficient agriculture all over the world”.

Сharitable and Social Activities 

TOAZ is located in Togliatti city, so it has become an employer for thousands of people. The company has made it a priority to take care of their city in all spheres of life – material, social and cultural. The company actively invests finances into the development of the city and the region providing sponsorship and charitable help in such areas as education, culture, sport, and ecology. Togliattiazot also helps those in need.

Culture

The company has constructed the Togliattiazot Palace of Culture that has become the largest city leisure center. It holds major cultural, educational, and sports events. “Impulse” is a scholarship program for young talented people. It was implemented along with the Togliatti Philharmonic and the charity fund “Not Indifferent”. “Togliattiazot” recreation center created by TOAZ holds concerts by famous Russian singers. The company regularly organizes video contests, photo contests, sports competitions, excursions, festivals, and exhibitions.

Education 

The company has created the intellectual club “Chemistry of the Word” in 2017. It now functions as an open city lecture hall allowing Togliatti people to visit science lectures by famous Russian psychologists, journalists, scientists, and artists. The club is open from September to May and provides lectures twice a month. 

The program “Chemistry of experience” is meant for those who are more than fifty years old. It intends to improve and develop the skills of these people. There’s a program designed to help Togliatti educational institutions in terms of environmental protection and career guidance. At present, the company helps Togliatti State University (TSU)and sponsored schools. TOAZ also offers a series of lectures and performances about Russian classical literature and has an educational site Arzamas. 

Sport

TOAZ works hard to develop amateur sports and to promote the priorities of a healthy lifestyle. The enterprise has created teams in basketball, tennis, hockey, volleyball, futsal. The company also holds multi-sport race competitions. Every year, one can attend a bike ride that is held from the production site to the Palace of Culture in the Komsomolsky District. Togliattiazot employees take part in amateur leagues, city tournaments, city and interregional competitions,  and industry competitions. The enterprise supports the Samara Region Basketball Federation and intends to devel this sport in the region. The Togliattiazot Samara Region Championship, a regional tournament among amateur teams, is held under the patronage of TOAZ. 

Every spring a vital regional tournament known as the TOAZ 3×3 street basketball cup is held in Togliatti. it’s getting more and more popular among local people. The company also sponsors the Samara Open basketball tournament attended by over 200 teams from the whole country.

Ecology

PAO TOAZ prioritizes environmental care; thus, the company contributes substantial finances to environmental programs. It initiates many environmental actions, namely actions directed to reproduce biological resources, garden the territory, plant forest seedlings in Tolyatti, collect waste paper, organize annual community eco-rides and workdays, as well as to support the unique Samarskaya Luka National Park.

Assistance for those in need

TOAZ PJSC is a city-forming enterprise, so it supports categories of people in need. The major principles of support are based on efficiency, targeting, and transparency. Special attention is paid to the long-term programs with wide coverage, such as providing new equipment to medical facilities, improvement of public and social institutions of Togliatti, help to veterans and disabled children, grant program for families who have adopted children.

The “Chemistry of Kindness” program was implemented with the goal of developing social and cultural initiatives meant to solve the vital problems of the region; supporting the social environment and involving the maximum number of stakeholders to improve the cultural and social environment. TOAZ PJSC has constructed the Palace of Culture “Togliattiazot” that has become the platform for holding regional festivals, city festive events, and mass charity events. The educational project “Chemistry of the Word” is held in the format of an open lecture. 

The educational program “Chemistry of Experience” was initiated by the enterprise with the goal of improving the qualifications of those of pre-retirement age. “Impulse” is a scholarship program designed to develop the cultural potential of the city – young musicians, gifted children, and musical groups. The contest “Chemistry of Kindness” is meant to provide grants for the realization of cultural and social projects.

According to the Grant Program for Adopters of Disabled Children, TogliattiAzot allocates funds to families who have adopted orphans; children without parental care, children with disabilities, and children who were in orphanages at the time of adoption. TOAZ started the initiative of supporting families with disabled children in 2014.

Source – https://london-post.co.uk/togliattiazot-history-strategy-culture-and-sport/

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Why Gold Could be the Right Precious Metal to Hold

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Why Gold Could be the Right Precious Metal to Hold

When thinking about diversifying funds or thinking of more multiple streams of income, precious metals are an excellent way to invest in the financial system without the fear of it crashing.

They are chemically unique, physically rare, and easily moldable; precious metals have been used for money worldwide for thousands of years. While they can be pretty inconsistent, they historically store wealth very well over the long term. The perception built around it because of its scarcity is outstanding.

Questions to Ask Before Buying Precious Metal

There are certain things that investors should bear in mind before buying or investing in precious metals. If they do not have the correct information, they may fall into a loss or even be in the hands of the wrong dealers. 

It is essential to have a good knowledge of precious metals before stepping out to buy. Some of the questions that will guide them are;

Where is the Safest Place to Buy Precious Physical Metal?

The best place to buy precious physical metals is from an online dealer. The dealer must have a buy and store program with London Bullion Market Association-approved vaults. 

Taking material possessions of gold should only be in emergency cases as it is easier to find buyers for them when they are on a buy and store program. You can read more about this company that many people approve of for sourcing precious metals. 

What is the Best Way to Invest in Precious Metals?

There are two primary ways to invest in precious metals. One is buying physical metal such as bullion bars and bullion coins or investing in financial products like Gold exchange-traded funds. 

Purchasing the physical metal is a better option than investing in exchange-traded funds because they can have possession of the metal if the need arises. In exchange-traded funds, they do not have the right to physical gold.

Will I Buy Gold Bullion or Silver Bullion?

Gold has better investment advantages to most investors; it yields greater returns and more value in the liquid market than silver. On the other hand, Silver bullion is easier for small investors because the price is low.

Which is Better Between Bullion Bars and Bullion Coins?

Bullion coins are a better investment for most investors because they are easier to sell; investors can buy them reasonably and resell them with a good profit. 

On the other hand, Bullion bars are not very easy to sell, and the cost is higher than bullion coins. However, it is a better option for investors who buy large quantities of precious metals, as they will make a higher profit than with bullion coins.

Why is Gold a Precious Metal?

It is a precious metal because it is found in its pure state; it is a noble metal and can be manipulated differently. It does not react to acids or oxygen, which is why it does not lose its shine. It symbolizes strength, wealth, and beauty. Its scarcity also makes it valuable, and it can be molded into smaller pieces.

Why will Gold Always Be Valuable?

It will always be valuable because it has both social and psychological advantages. It has a special place with real and symbolic values for humanity; it serves for decoration and jewelry and has a high value in the financial market. Its scarcity also makes it valuable, and it serves as a store of value. You can check here for suggestions on how to decorate with gold.

Five Reasons to Own Gold

  • It is a currency worth its own because of its metallic content and because no government can control it except indirectly.
  • The gold is a haven of wealth that has been maintained for 5000 years; since metals are most appreciated in times of crisis and much safer than investing in bonds, stocks, or currencies, jewelry made from gold can also last till forever.
  • Excess currency creation, money supply, or liquidity expansion resulting in money printing causes a decrease in the purchasing power of paper money. But gold cannot be created out of thin air; it comes only out of its natural source and cannot be in excess, which makes it retain its value.
  • According to the World Gold Council, 153,000 tons of gold have been mined in history, and the remaining reserves do not exceed 60,000 tons. The problem is that 2,900 tons of it are mined year after year. The world’s gold will run out at this rate, and as it is finite, more investors will want to have it.
  • It is a sure wealth because it never crashes. Unlike stocks and bonds, their place cannot be compromised.

Is Gold a Valuable Precious Metal?

Yes, it is a good metal, no doubt; it has a chemical element whose atomic number is 79. It is a soft-colored precious metal. Its symbol is Au (from the Latin aurum, ‘bright dawn’). 

In addition, it is one of the most appreciated metals in jewelry for its physical properties. Having low alterability, being very moldable, malleable and shiny, and valued for its rarity, it is a metal that is difficult to find in nature.

Importance of Gold

Today’s society recognizes it as one of the most highly valued materials. Ancient civilizations have also appreciated it throughout history and have applied and used it in many relevant, everyday lives.

The intrinsic characteristics of metal, such as its color, shininess, usefulness, and high resistance, have made it a key and unavoidable component for societies and their economies. 

These unique properties, their relative scarcity in nature, and the increasing difficulty of their extraction have further enhanced their value. Its characteristics of durability, homogeneity, and problem to falsify made it a more than adequate good as a form of payment.

Final Thoughts

We have seen why gold is the best precious metal you should consider for investment. It is valuable now, and due to the psychological beliefs attached to it, we all think it will continue to be useful even in decades to come, and its long-lasting value makes it exceptional.

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Explore the Impeccable Talent for Your Agency

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Explore the Impeccable Talent for Your Agency

Every agency needs impeccable talent to grow and rise. An excellent team of brilliant and talented staff makes up a great company. It’s the staff and team of a company or agency that helps it to climb the ladder of success and reach great heights in the professional sphere. At the same time, it is the key element of every successful company to have a great team full of excellent members that would help in making it reach the targets required for gaining success.

Without an efficient team, it is not possible for any agency or company to fulfill its promises of satisfying the clients and surpass their expectations. If you are looking for such great talents to hire for your company, keep reading further to know more about the best place where you can find such talent.

Satisfying the Client’s Expectations for a Great Team

While looking for fresh talent and experience might seem as the first priority for any organization, it is not always easy to find them. To help you resolve this issue, a good staffing agency comes to the rescue. A temporary staffing agency helps in getting your work done easily and more efficiently. The work of a staffing agency is to provide you with fresh and efficient team members which would enhance the efficiency of your organization and help it reach great professional heights.

A temporary staffing agency looks into the expectations of the client company and provides it with the required staff which is equally qualified and skilled and would help the company to grow, connect and reap great benefits. If you are looking for fresh and great talent for your business or organization, you need to find a good staffing agency that would cater to your needs and help you fulfill your expectations of forming a great team of skilled and qualified workers.

One such amazing and successful temporary staffing agency is the national award winner Scion Staffing San Francisco. The staffing agency has bagged numerous awards for their contribution in helping to find exceptional talent by identifying the right candidates based on your requirements and needs. Currently, the company provides candidates for placements in six divisions, namely- corporate, nonprofit, creative and marketing, Medical/healthcare, Information Technology (IT) and Executive Search.

The agency ensures you get hold of the best candidates and helps you in connecting with them to fulfill all your executive needs. The company has an expansive pool of fresh candidates who are tailored to work according to your needs and demands. In addition to that, it also helps in providing urgent staff requirements with the help of their temporary staffing associates. The entire team at Scion is dedicated to provide the best and most suitable candidates on both local and national level as per the needs of the client company. In order to ensure that you get hold of the best members for your team, the agency has highly professional and experienced recruiters with unmatchable resources and experience. The agency is well known for its long-lasting partnerships with their clients which makes them extremely trustworthy and reliable.

To Conclude

The crux of every company or organization is a well-defined team with members who are totally determined to help a company grow, connect with others and reach exponential growth. The process of recruiting such talented candidates might seem a tedious task a lot of times. Therefore, next time when you are looking out to hire candidates either for a temporary or permanent basis, make sure that you contact a good talent staffing agency with great temporary staffing associates to provide you with the highly skilled, experienced and qualified members who would positively add to the company’s performance and success. 

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Product Sellers Not Using Image Clipping Service Needs to Get a Wake-Up Call

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Product Sellers Not Using Image Clipping Service Needs to Get a Wake-Up Call

We would assume that when things get done, it gets done the right way. However, it is not always the case. There are countless people who are selling their own or purchased retails consumer goods online that are doing it the wrong way to start with. The most important thing to do when selling consumer goods online is the images of the goods that you are selling. While it is common to send that a good image will attract the attention of the consumers, it really doesn’t appear that way when we see some images on retail platforms. Some images we see are so boring that it only takes a second for the visitors of the site to hit the browser back button to get out of that site. And some sites we visit, we see images are professional looking, image clipping service has been availed to give the image a sharp look, products showing clear outlines and various angles, all to the book. These are the products that get sold and others that are so boring gets left behind.

How Many Images Are Needed for a Specific Product?

That really depends and there is no golden rule. Some sellers post only one product image on their site. Depending on the product they are selling, it might be OK or not OK to put only one image for customer review. Some sellers post as many images as possible showing their consumers various different angles of the product so that they can make informed purchasing decisions.

Image editing cost also comes into play. Whatever it cost to edit one image by an image clipping service provider, it cost ten times more to get ten images edited. Also, the commercial photographer that offers their services to the product sellers will charge ten times to shoot ten products.

As you can see, increasing the number of images to help sell the product is not that easy. The shopping platform also needs to accommodate the images so there is a cost associated with that as well. It is therefore a budget issue that needs to be thought out at the very beginning of the product sale cycle. A business owner will need to figure out the budget and the image quantity requirement when it comes time to sell the product online.

How Much Does It Cost to Edit One Image?

Cost widely varies. It varies based on the person who is doing it, location the person resides, a quantity of images that need to get edited, frequency of editing and how often they are edited, etc.

A senior graphic designer living in the USA will charge a good $40 per hour or more for his services. So, to edit a single image that requires 30 minutes of work, he or she might charge $20 or might even charge $40 as a minimum charge. On the other hand, an offshore image clipping service provider offering bulk image clipping services will charge only a fraction of it. Often, the charge is less than a dollar per image editing or clipping and it goes up based on complexity. However, it typically doesn’t go above $3 per image edited.

It is important to figure out the image and quality requirement at the very beginning. If not, the entire marketing and sale will suffer.

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