Krasnodar is the centre of the Krasnodarsky kray (region). The city is situated on the Kuban river and has a population of 631000. Krasnodar was founded in 1793 and was known as Ekaterinodar until 1920. The oil processing and the oil-production machinery building are the main industries of the city. There is a chemical plant and fur manufacturing in Krasnodar. It is the centre of the ancestral region of the Kuban Cossacks.