Petrochemicals

Investments in construction of ZapSibNeftekhim exceed 280 billion rubles

The total amount of participation of Russian suppliers in the construction of SIBUR's ZapSibNeftekhim (ZSNH) exceeded 280 billion rubles, the press service of the Ministry of Economic Developme

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Placement of Sibur’s shares may take place after launch of Zapsibneftekhim

It doesn’t make sense to conduct IPO of Sibur, which has been discussed for over ten years, taking into account acceleration of launch of the company’s key project Zapsibneftekhim, the

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Resin producers in the Russian Federation increase purchases of methanol by 13% over the past year.

Last year Russian producers of synthetic resins increased methanol consumption by 32 thousand tons, according to the Argus agency, citing railway freight forwarders.

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SOCAR Polymer’s net profit from operation of polypropylene and high-density polyethylene plants to be about $2 bln

SOCAR Polymer's revenues from operation of plants for production of polypropylene and high-density polyethylene in Sumgayit is expected to be $6.6 billion, the net profit will be $1.98 billion,

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Russian manufacturers continue to increase exports of PVC in 2019

Exports of suspension polyvinyl chloride (PVC-S) from Russia increased by 15% in January 2019 compared to the same period last year.

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Turkmenistan plans to cooperate with German oil companies

Turkmen-German business forum has been held in Berlin. The event was devoted, among other things, to investment opportunities in the energy and chemical industry of Turkmenistan.

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Petrochemical plant near Tyumen to start operating in 2019

The Zapsibneftekhim petrochemical complex, which is being built in Tobolsk in the Tyumen region, will start operating in the commissioning mode in 2019.

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PVC production in Russia remains at a consistently high level

Domestic enterprises maintain a high level of capacity utilization for the production of unmixed polyvinyl chloride (PVC). In January, 87.76 thousand tons of tar was produced.

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Enterprises of Tatarstan increase processing of refinery feedstock by 5% in 2018

By the results of 2018, enterprises of Tatarstan processed 17.1 million tons of refinery feedstock, having increased processing volumes by 5% compared to the previous year, media reported.

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PhosAgro sees no reason to launch export exchange trading in fertilizers

PhosAgro does not support the idea of SPIMEX to launch export exchange trading in mineral fertilizers, Andrey Guryev, the company's general director, told reporters.

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