LUKoil mulls US$3 bln investment in ethylene plant in South Russia

31-Jul-08
Russia's largest independent crude producer - LUKoil, plans to invest US$3 bln in an ethylene and derivatives plant in South Russia's Stavropol Territory. Feedstock for the project could be sourced from hydrocarbons extracted in the northern part of the Caspian Sea. An MOU to this effect was signed by Stavropol Territory Governor and head of the oil giant's petrochemicals arm LUKoil-Neftekhim. If kicked off, this project will be the largest production complex in Russia and Eastern Europe, producing 900,000 tpa of polyethylene and 300,000 tpa of polypropylene - amounting to 30% of polymers produced in the country.
  More News  Post Your Comment

Previous News

Next News

made a post.

COMMENTS

0

There are no comments to display. Be the first one to comment!

*

Email Id Required.

Email Id Not Valid.

*

Mobile Required.

*

Name Required.

*

Please enter Company Name.

*

Please Select Country.

Email ID and Mobile Number are kept private and will not be shown publicly.
*

Message Required.

Click to Change image  Refresh Captcha
SML Lenzing Cast Film Line

SML Lenzing Cast Film Line