Sibur starts the realization of ZapSibNeftechem project
Sibur has started the realization of the ZapSibNeftechem project with carrying out of the work for the FEED contracts and design documentation. In connection with the move of the project to the next stage, the Board of Directors of Sibur have approved the increase in the financing to the project in 2014. The total capital investment will increase this year from 53 billion rubles to 74 billion rubles.
The configuration of ZapSibNeftechem project presupposes the construction of the pyrolysis utility with annual capacity of 1.5 million tons of ethylene using the technology of Linde AG, and 500,000 tons of propylene and 100,000 tons of butane-butylene fraction, the utilities for production of the different sorts of polyethylene with total capacity of 1.5 million tons using the technology of INEOS, the utilities for production of polypropylene with annual capacity of 500,000 tons using the technology of LyondellBasell.