Petrochemicals

Sibur’s net profit grew by 28% last year

In 2019, the Sibur’s Net profit under IAS increased by 27.6% to 141.4 billion rubles, the company reported.

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Sibur is in no hurry to build Amur gas chemical complex, waiting for benefits

Sibur is waiting for the Government to approve the parameters of the benefits for ethane and liquefied petroleum gases, without making a decision on construction of Amur gas processing plant.

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Sibur and Gazprom may complete feasibility study for a gas processing project in the Republic of Tatarstan in 2020

Sibur and Gazprom conduct a feasibility study for a project to build gas processing facilities in Tatarstan. This was announced at a press conference with journalists on Tuesday, February 18.

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Amur Mining and Chemical Combine is waiting for a government decision on benefits for ethane and LPG

SIBUR Holding PJSC has not yet made an investment decision on the construction of the Amur Gas Processing Plant in the Svobodnensky District, where it is planned to process natural gas fractions fr

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Rosneft extended the contract for the supply of oil to refineries in the Czech Republic

Rosneft has extended for three years a contract with the Polish company PKN Orlen for the supply of oil to the refineries of the Polish company in the Czech Republic, Rosneft said in a statement.

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Karpatneftekhim may resume production of polyethylene by the end of March

Karpatneftekhim (Kalush, Ukraine) intends to resume production of low-pressure polyethylene in the third decade of March, as it follows from Market Report’s message.

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Capitalization of Kazanorgsintez exceeds 187 billion rubles

As of December 31, 2019, market capitalization of Kazanorgsintez exceeded 187 billion rubles compared to indicators as of December 31, 2018.

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Lukoil modernizes oil production

A subsidiary company of "Lukoil" - "LLK-International"  - is implementing a program of the modernization of the production of lubricants.

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In Q3, Azerikimya to complete reconstruction of Ethylene-polyethylene plant

Azerikimya production association of SOCAR plans to complete reconstruction and modernization works at Ethylene-polyethylene plant in the third quarter of 2020, deputy chief engineer for the recons

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THE YAKUTSK GAS PROCESSING PLANT PLANS TO DOUBLE ITS LPG PRODUCTION IN 2021.

The Yakutsk refinery (controlled by Sakhatransneftegaz) plans to double its LPG production as a result of the modernization of HFCs in 2021, TASS reports citing company director Vladimir Romanov.

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