Petrochemicals

Construction of polyethylene enterprise in Sumgayit is 98% completed

SOCAR Polymer (Azerbaijan) has almost completed construction and installation works on the production of low-pressure polyethylene, the Interfax reports.

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In January-August, output of low-pressure polyethylene in Russia grew by 1%

In January-August 2018, production of low-pressure polyethylene in Russia amounted to 652.5 thousand tons.

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BRICS bank to allocate loan for $300 mln to Sibur for ZapSibNeftekhim

The new development bank of BRICS has approved a loan to Sibut to the amount of $300 million. This is stated in the press release of the credit institution.

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New Stream thinks about naphtha processing at Antipinky refinery

The founder of the refining group New Stream Dmitry Mazurov has announced plans to create a petrochemical enterprise at the Antipinsky oil refinery, investing $3-4 billion.

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Kazanorgsintez doubles production of cast polycarbonate grades in 2018

Kazanorgsintez (KOS, part of TAIF GROUP) increased production of polycarbonates (PC) by 17% in January-July of this year.

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Phosagro invests 3.2 billion rubles into upgrade of Balakovo branch

PhosAgro launched into commercial operation an ammonia pipeline from the existing main pipeline Togliatti-Odessa to the Balakovo branch of JSC Apatit.

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SIBUR's Tobolsk site produces 2-millionth ton of polypropylene

The polymer production of SIBUR's Tobolsk industrial site produced a 2-millionth ton of polypropylene. SIBUR reported this on September 14, 2018.

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Odessa Port Plant not to resume work in September due to lack of raw materials

The Odessa Port Plant (OPP) started the procedure for the termination of the contract with the supplier of natural gas - the Liberty Gas Company, the deputy director of the enterprise Nikolai Shchu

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Sibur assesses investments in Amur gas chemical complex at $7-8 bln

The preliminary assessment of the petrochemical company Sibur on investments in the Amur gas chemical complex is $7–8 billion, the RIA Novosti reports, citing words of the company's gener

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Pavel Sorokin: Petrochemical industry can give Russia about $40 bln of investments

The petrochemical industry is a promising area of development for Russian oil refining. This was stated by the Deputy Energy Minister of Russia Pavel Sorokin.

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