Refining

Grodno Azot increases urea ammonium nitrate solution and ammonia production in August 2019

Grodno Azot (Republic of Belarus) increased its commercial output by 5.4% in the first eight months of 2019. In August, the company significantly increased production of UAN and ammonia.

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Rosneft allocates 2.2 billion roubles to develop a network of gas stations in Bashkortostan.

The company intends to create a branded network of gas stations in the republic.

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KazMunayGas's Romanian subsidiary to pay dividends for the first time

The foreign subsidiary of KazMunayGas will pay dividends for the first time. The amount of payments will depend on the company's financial and operating results for 2019

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ROSNEFT INDIAN ASSET TO INVEST $ 850 MILLION IN PETROCHEMISTRY OVER TWO YEARS

The Indian company Nayara Energy, which is 49.13% owned by Rosneft, will invest $ 850 million in the development of petrochemical production at the Vadinar refinery, TASS reports.

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Sulzer GTC to participate in the modernization of benzene production at SIBUR-Kstovo.

SIBUR and Sulzer GTC had signed an agreement on the provision of licensed technologies for the processing of pyrolysis petrol for the reconstruction of benzene production at the Kstovo enterprise,

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Lukoil takes first place in the ranking of 200 largest private companies in Russia – the Forbes.

Lukoil, the second largest Russian oil company, for the seventh time in a row took first place in the ranking of 200 largest private companies in Russia, compiled by the Forbes magazine, RBK report

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Gazprom Neft may produce special polypropylene grades at Polyom

Gazprom Neft, which is a co-owner of Polyom through the Sibgazpolymer JV, together with SIBUR is studying the possibility of launching production of polypropylene grades unique to the Russian marke

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Russian Deputy Minister of Industry and Trade: over 5 years, investments in the chemical industry amounted to 2 trillion rubles

Investments in the Russian chemical industry over five years amounted to two trillion rubles, the State Secretary, Deputy Minister of Industry and Trade, Viktor Yevtukhov, said.

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Departments are developing proposals to stimulate the petrochemical industry.

The Ministry of Finance and the Ministry of Energy intended to make proposals to the government in the next few weeks as part of a comprehensive program to stimulate the development of the petroche

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Tatneft enters the share capital of Tatarstan SafPet.

Tatneft acquired shares in enterprises that are associated with the creation of terephthalic acid and polyethylene terephthalate in Tatarstan, RIA Novosti reports.

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