Petrochemicals

TANECO expects to complete construction of refinery's second stage in 2026

TANECO, Tatneft's complex of oil refining and petrochemical industries, plans to complete the construction of objects of the second stage in 2026.

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The output of polyvinyl chloride in Russia increases by 10% in October 2018.

Domestic enterprises increased the production of unmixed polyvinyl chloride (PVC) by 7% over January-October. Capacity utilization has increased all the factories, Market Report informs.

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Rosneft increased sales of petrochemicals by almost 30% in the third quarter

In the first three quarters of the current year Rosneft increased its revenue from sales of petrochemical products by 28%.

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ZapSibNeftekhim completes construction of boilers at pyrolysis unit

The mechanical readiness of high and low pressure boilers producing steam for technological and auxiliary production needs has been achieved at the ZapSibNeftokhim pyrolysis unit, the project press

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LUKOIL reconstructs primary refining unit in Volgograd

LUKOIL intends to reconstruct ELOU-AVT-5 (CDU/VDU-5) at an oil refinery in Volgograd. Construction and assembly work is expected to be completed closer to the end of 2020.

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Sibur to sell part of its petrochemical assets

The Sibur holding company has planned to sell a part of its petrochemical enterprises that are not related to the priority direction of assets development.

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Sibur early buys Eurobonds for $192 mln

Sibur has bought its own Eurobonds to the amount of $192 million ahead of schedule, the company reports. The company bought the securities at the price of 97.4% of the nominal value.

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In the first 3 quarters, Sibur increase its EBITDA by 30%, revenue – by 28%

In the first three quarters, Sibur increased its revenue under IAS by 28%. The company's net profit decreased by 11%, as it follows from the company’s financial statements.

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In the first 3 quarters, Nizhnekamskneftekhim reduced its net profit under RAS by 5% to 18.7 bln rubles

Nizhnekamskneftekhim (part of TAIF) reduced its net profit under RAS standards by 4.7% in the first three quarters.

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SIBUR Togliatti invested 2.3 billion rubles in the modernization of the production of isoprene

SIBUR Togliatti entered the final stage of the project for the technical re-equipment of the production of isoprene.

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