Salavatnefteorgsintez attracts US$20 mln loan

09-Sep-05
Russian petrochem maker, Salavatnefteorgsintez (Bashkortostan) has attracted a loan facility to the value of US$20 million from the International Moscow Bank. The funds will be used to refinance investment costs of the Company. With this, Salavatnefteorgsintez enters the top 3 petrochemical producers in Russia and one of the biggest producers of butyl alcohols, gasoline, ethylene, propylene and polyethylene.
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