
| Noise affects quality of the environment 2005-08-15 |
| Liquid rubbers with a new owner 2005-08-17 |
| The last years situation does not repeat itself any more 2005-08-18 |
| Mid-year economic development in the mirror 2005-08-24 |
In the middle of the year, revenues for compact polystyrenes increased by 28 % and reached 1.334 billion CZK. The sales volume grew by 7 %. Revenues for foamable polystyrene reached 1.17 billion CZK, i.e. 5 % more than one year ago. It was a result of increased sales. Revenues for synthetic rubber increased thanks to applied prices by a total of 25 % and reached 1.57 billion CZK. The sold volume was comparable with the year 2004.
The markets of the main commodities produced by Kauèuk have not fully “recovered” from their difficult years 2002 and 2003 and especially gross margins of polystyrenes remained under pressure due to strong competition. Growing demand for automobile tires managed to keep gross margins of synthetic rubbers at an acceptable level. Despite the achieved higher revenues it was not possible to more successfully reflect growing prices of raw materials in polystyrene prices. The situation of synthetic rubbers got stabilized.
During the first six months of the year, Kaučuk, Inc. produced a profit after taxation of 142 million CZK, compared to 118 million over the same period in the last year. The total revenues for own products and services reached 5.55 billion CZK and they are 14 % higher than in the mid-2004.
| Promising confrontation 2005-12-14 |
| Fighting noise pollution together 2006-02-06 |
| New Chief Executive Officer introduces himself 2006-05-15 |
Dear Employees, Please allow me to introduce myself in brief and present my own vision of UNIPETROL, a.s. for the future.
For the past 25 years, I have gained extensive experience in various (managing) positions, from technical, marketing and sales management to top management positions. Thanks to this experience, I had the chance to enjoy the beauties of this country, particularly when I was responsible for the acquisition and integration of Chemické závody Sokolov. One of the important things which I learned during this period was to respect the knowledge and determination of the Czech people.
It would certainly be untrue to claim that there will be no changes in the upcoming months or years. I have been personally in charge of a series of acquisitions, mergers and integrations and all of them had a common denominator, i.e. a negative feeling among employees arising from uncertainty. It is important that we present a vision as soon as possible defining the type of company we want to become. It is crystal clear that our relationship with the majority owner PKN ORLEN will be of a critical importance for our future. We must be competitive in today’s increasingly globalizing world, and become even more successful through the combination of the strengths of both companies. Because I firmly believe that the excellent management and team cooperation is of key importance for making extraordinary efforts and establishing ourselves as a successful player on the market, I devote time to creating a strong team which will be able to achieve more through joint efforts than just a team consisting of the “stars”.
Among the most important principles of my management style, there is RESPECT, HONESTY and OPEN ATTITUDE in relationships. I also pay attention to ethics, credibility and legality in all spheres of our activities. Any breach of such rules is absolutely unacceptable.
In conclusion, I would like to state that I am pleased to be able to work in such an excellent company and I look forward to cooperating with you in establishing a highly successful enterprise together with PKN ORLEN.
François Vleugels, General Director UNIPETROL, a. s.
| Changes in the Board of Directors of Kaučuk, a.s. 2006-06-06 |
| The Environmental Centre opened 2006-10-04 |
| Safe Enterprise Certificate Re-Awarded 2007-01-24 |