Analysts: project of Eastern petrochemical company is inefficient

The experts of VNIPIneft believe that investments into implementation of the Eastern petrochemical company’s third stage won’t have any guarantees of a return, because the economic efficiency of this project isn’t high.

The construction of the project’s third stage will increase its capacity to 30.8 million tons or  bytwo times and will cause significant growth of investments into development of the company. The specialists of the Institute offered to postpone the project implementation to 2025. According to Renaissance Capital, the basic internal rate of return makes up 12% that - with the level of costs of 1.3 trillion rubles -won’t give the possibility to achieve acceptable payback periods.