Corporate Strategy
UCP Chemicals is pursuing a growth strategy in selected strategic niche markets. This strategy is designed to further strengthen its market position, facilitate the penetration into new markets as well as to extend the value chain by entering the gas chemistry market (GTL: gas to liquid). As a consequence, further growth potential will be exploited, value creation increased once again and margins further raised.
Pursuant to this business strategy, the three cornerstones of the Group's growth projects have been defined:
| | Synthetic Resins | New products | Gas chemistry |
Strategy | Expand leading market position in the Russian synthetic resins market | Exploit technological expertise for new applications and markets | Capture growth potential of higher margin gas-to-liquid market as well as refined products from natural gas and methanol |
Projects | - Expansion of operations in Central Russia
- Modernization of production facilities
| - Development of new products for the oil and gas recovery market
| - Establish the UCP Group as a significant player in the Russian methanol market
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