Petrochemicals

R.Khamitov: There are not enough incentives of import substitution in petrochemical complex

The government of Bashkiria believes that the current incentives for import substitution in the petrochemical complex are insufficient.

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In January-April, production of low-pressure polyethylene in Russia fell by 6%

In January-April of the current year. domestic enterprises increased the production of low-pressure polyethylene by 6%.

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List of Bashkiria’s investment projects include 16 projects in chemistry and petrochemistry for 200 bln

16 projects in the field of chemistry and petrochemistry were included in the list of priority investment projects of Bashkiria.

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The Ukraine significantly reduced import of HDPE from Belarus

In Q1 2017 Belarus reduced the export of HDPE by 73.2% compared with Q1 2016 to 20.408 thousand tons, the National Statistic Committee reports.

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Irkutsk Oil company to construct plant for production of polyolefins near the Tolsty Cape

The Irkutsk Oil Company (INK) has selected a contractor to prepare preliminary technological solutions for planning the territory for the construction of a polymer plant in the Ust-Kutsky district.

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Evraz shipped rolled products to ZapSibNeftechem

The sales enterprises of Evraz have shipped over 10,000 tons of flange beams for the construction of ZapSibNeftechem. In 2017 Evraz plans to go on with the supplies for the project.

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Polyethylene imports to Russia grew by 3% in January-April 2017

Polyethylene imports to Russia grew by 3% in January-April 2017 against January-April 2016 to 160 thousand tons. LDPE and EVA shipment seriously rose.

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Ufaorgsintez cuts clear profit by 9%, revenue - by 8% for Q1.

Ufaorgsintez (UOS, the key petrochemical asset of Bashneft) reduced its net profit by 9% in Q1. The company's revenue decreased by 8%, as follows from the accounting reporting of the USE.

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PVC production in Russia grew by 18% in January-April 2017

The Russian enterprises increased PVC production by 18% in  January-April 2017. The growth is mainly connected with a low result in January-April 2016.

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Project of construction of Eastern Oil Chemicals Complex has been approved by Glavgosexpertiza

Glavgosexpertiza of Russia has issued Rosneft a positive conclusion for the project of construction of the Eastern Oil Chemicals Complex in the Primorie region.

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