Before the end of 2016, Bashneft to carry out upgrade of Ufaorgsintez

Bashneft, which is one of the ten largest Russian oil companies, intends to upgrade Ufaorgsintez, a part of Bashneft, before the end of 2016, said president of the Russian company Alexander Korsik at the annual meeting of shareholders.

According to him, it "will ensure good earnings on petrochemistry for the next year too".

He also added that in the past year Ufaorgsintez showed remarkable results and produced enough volume of not only petrochemicals.

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