Petrochemicals

SOCAR to make final investment decision on project of gas processing and petrochemical complex before the end of 2019

Final investment decision on project of gas processing and petrochemical complex SOCAR GPC will be made in the fourth quarter of 2019. On April 22, 2019, financial director of SOCAR Polymer of R.

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Last year, Bashkir Soda Company increased its profit and revenue under IAS by almost 19%

In 2018, the Bashkir Soda Company increased its net profit calculated according to IAS by almost 19%. The company's revenue grew by 18.5%, as it follows from the financial statements.

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Bashplast plans to produce low-tonnage special plasticizers

Bashplast plans to produce low-tonnage special plasticizers, the regional administration reports.

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Slavros plans to launch production of geotextiles in Blagoveshchensk

Scientific and production association Slavros plans to open an innovative enterprise for production of geotextiles in Blagoveshchensk, it follows from information on website of the Bashkortostan&rs

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Kazanorgsintez increases investments into new and upgraded facilities by 50%

The positive situation on the polyethylene and polycarbonate markets had a significant impact on the growth of revenues and the capacity utilization of Kazanorgsintez (KOS).

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Kazanorgsintez to pay annual dividends at the rate of 7.7 rubles per ordinary share

Shareholders of Kazanorgsintez (part of the TAIF group) have approved final dividends for 2018. The shareholders' meeting was held on Friday, April 19, the company reports.

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Accident at Nizhnekamskneftekhim not to influence market

The fire at Nizhnekamskneftekhim, Russia's largest rubber producer, will not have a significant impact on rubber market even if the plant stops, people in the industry believe.

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In Q1, SOCAR increased export of petroleum and petrochemical products

SOCAR exported 456.379 thousand tons of petroleum and petrochemical products in the first quarter of 2019, which is by 10.5% more than in the previous year, the Interfax reports.

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ZapSibNeftekhim starts planned testing of flares

SIBUR began scheduled tests of flare units at ZapSibNeftekhim as part of the commissioning, the press service of the company reports.

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In Q1, import of polypropylene in Russia fell by 19% to 37 thousand tons

Imports of polypropylene to the Russian market decreased by 19% in the first quarter of 2019. The supplies of propylene homopolymers fell by 24.5%, Market Report informs.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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