Olefin complex of Nizhnekamskneftekhim to cost at least 500 billion rubles

Nizhnekamskneftekhim (NKNKh, a part of TAIF), a leading manufacturer of synthetic rubber and plastics, has estimated investment in the project of olefin complex, which is planned to be implemented in two stages, at 500 billion rubles at least, general director of the company Azat Bikmurzin said at the III Moscow International Forum.

The construction of the complex requires guaranteed government support. "Our preliminary calculations show that the construction of this complex will cost hundreds of billions of rubles. The estimates are different, about $500 billion for such complex is the minimum that we expect," - said A. Bikmurzin.