Petrochemicals

Modernization of the Ethylene-Polyethylene plant in Azerbaijan to be completed in Q2 2020.

The modernization of the Ethylene-Polyethylene plant at Azerkimya of the Azerbaijani state-owned company SOCAR is scheduled to be completed in Q2 2020, Trend reports with reference to the statement

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SOCAR to start construction of petrochemical complex Mercury in Turkey by 2021

SOCAR Turkiye Enerji (Turkish subsidiary of state-owned oil company of Azerbaijan) plans to begin construction of a petrochemical complex in Turkey at the end of 2020, said project manager of SOCAR

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Bashkir Soda Company may reduce dividends for last year to 2 bln, for Q1 – to 3 bln

The Bashkir Soda Company (part of Bashkhim) can pay its shareholders more than 5 billion rubles of dividends for 2018 and the first quarter of 2019, as it follows from the materials of the company.

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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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