Abstract

For the Russian economy, the most crucial prerequisite for its moving towards sustainable development would be strong improvement of performance of the domestic enterprises and production complexes. It is obvious that this issue should be addressed with due consideration of the special aspects relevant to social and economic growth of various Russian areas, along with creating a respective cluster-based infrastructure. Therefore, all arrangements aimed at performance efficiency improvement should be reconciled with the social and economic development strategies designed for a particular area, and should be well considered when working out strategic development plans for the regional industrial and territorial clusters, as well as particular enterprises and production plants. This paper includes an analysis of the dynamics pattern of the main indicators characterizing the energy use efficiency in regard to the largest enterprise forming the core of the petrochemical cluster in one of the Russian regions. The study furthermore shows the determined factors bringing the greatest impact on the production energy efficiency improvement. The authors also describe the prospects for production energy intensity reduction against the backdrop of the electric energy and power market liberalization, and explain how accommodation of the industrial clusters’ activities to the changes taking place in the macroeconomic environment for business entities may determine the need for addressing a whole range of fundamentally new issues of methodological, methodical and organizational nature, which are relevant to development of a cluster behaviour strategy in response to the competitive electric energy market.

Highlights

  • Sustainability of industrial clusters, as well as performance of the enterprises operating in the petrochemical sector to a great extent determine formation of budgets of various levels, including, above all, the regional budgets that generally have a substantial influence on development of the social and cultural spheres in a region

  • Improvement of industrial clusters’ sustainability, as well strengthening the performance efficiency of the enterprises operating in the petrochemical sector depends on a wide range of external and internal factors

  • Driving a comprehensive energy-saving policy through all structural divisions in the industrial cluster becomes the most important strategic task, implementation of which is aimed at bettering the competitive advantages of the products both in the domestic markets and abroad

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Summary

Introduction

Sustainability of industrial clusters, as well as performance of the enterprises operating in the petrochemical sector to a great extent determine formation of budgets of various levels, including, above all, the regional budgets that generally have a substantial influence on development of the social and cultural spheres in a region. Improvement of industrial clusters’ sustainability, as well strengthening the performance efficiency of the enterprises operating in the petrochemical sector depends on a wide range of external and internal factors. All the aforesaid may be fully attributed to the performance of a largest domestic enterprise operating in the petrochemical sector – the Public Joint-Stock Company "Nizhnekamskneftekhim". It should be noted that Nizhnekamskneftekhim is the largest energy resources consumer among other enterprises running in the petrochemical sector of the Republic of Tatarstan. The situation is aggravated by the continuous rise in the electricity and heat prices offered by the energy suppliers

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