22-07-2021
Lukoil lays the corner stone for new poltpropylene complex at Nizhny Novgorod refinery
Today, Deputy Prime Minister of the Russian Federation Yury Borisov, Governor of the Nizhny Novgorod region Gleb Nikitin and President of LUKOIL Vagit Alekperov took part in the foundation stone laying ceremony for the Polypropylene Production Complex at LUKOIL's Nizhny Novgorod refinery in the city of Kstovo.
The complex will become Russia's largest polypropylene production facility integrated with a refinery. The new facility will produce polypropylene out of the propylene generated at the two catalytic cracking units with aggregated annual production capacity of 4 million tonnes, which are currently being modernized.
The complex is set to produce about 500 thousand tonnes of modern types of polypropylene that will be further processed at other industrial facilities.
"Every rouble invested into petrochemistry multiplies to 4 roubles or more in allied industries. LUKOIL's commissioning of new polypropylene manufacturing facilities will make an important contribution to Russian production sector, have a significant positive impact on homopolymeric types of polypropylene imports phase-out and help to meet customers' demand both in our country and abroad. Moreover, creation of the complex in the European part of Russia will give a boost to manufacturers of finished plastic goods, a great number of which, as tradition has it, are located in the region," noted Deputy Prime Minister of the Russian Federation Yury Borisov.​
“This project will result in creation of Russia’s largest polypropylene facility located at a petrochemical plant. For our region, it means new jobs and additional tax revenue. This year we celebrate two joyful dates: the 800th anniversary of Nizhny Novgorod and the 30th — of LUKOIL. It is amazing that we launch such a great endeavour in such a special year,” noted Governor of the Nizhny Novgorod region ​Gleb Nikitin.
News Category:
-
Beyond processbook & PI vision: Exploring today’s industrial analytics tools
(Webinar) - In the Manufacturing 4.0 era, industrial organizations have more data at their fingertips than ever, offering the promise of higher production rates, more ...
04-06-2024
-
Worley awarded Bayou Bend CCS carbon capture and storage facility contract
We’ve been selected to design and evaluate CO2 gathering, handling and sequestration facilities located along the Gulf Coast in Southeast Texas. Bayou Bend ...
13-05-2024
-
Black & Veatch delivers feasibility study for Andes Energy LNG Terminal
Global liquefied natural gas (LNG) infrastructure solutions leader Black & Veatch has completed a feasibility study for the planned Andes Energy Terminal, LNG regasification ...
09-05-2024
-
Shell to sell interest in Singapore Energy and Chemicals Park to CAPGC
Shell Singapore Pte Ltd, a subsidiary of Shell plc, has reached an agreement to sell its Energy and Chemicals Park in Singapore to CAPGC Pte. Ltd., a joint venture company ...
08-05-2024
-
Integrated Global Services recognized for role in mega turnaround
Integrated Global Services has been recognized as a major contributor to the successful Ras Tanura Refinery 2024 Mega Turnaround and Inspection for Saudi Arabian Energy ...
08-05-2024
-
BASF invests in capacity expansion of Basoflux® range of paraffin inhibitors
BASF plans to expand the global production capacity of its Basoflux® range of paraffin inhibitors at its site in Tarragona, Spain. This investment will enable BASF’s ...
07-05-2024
-
Ebara Elliott Energy to provide compressor for SAF project in Thailand
Ebara Elliott Energy, formerly Elliott Group, announces it has been contracted to provide a motor-driven recycle compressor with a variable frequency drive (VFD) for ...
07-05-2024
-
ETH Zurich select hte to provide high throughput test system designed for CO2 electroreduction
hte – the high throughput experimentation company was awarded a contract by the technical university ETH Zurich to provide a high throughput test system designed for ...
07-05-2024
-
TotalEnergies and Sinopec strengthen cooperation
On the occasion of the state visit to France by the President of the People's Republic of China, TotalEnergies, represented by Patrick Pouyanné, Chairman and CEO, and ...
07-05-2024
-
IPP enters agreement to market ammonia, methanol and melamine plants in Ludwigshafen
BASF and International Process Plants (IPP), a global leader in the acquisition and sale of process plants and equipment, have entered an agreement to market ammonia, ...
06-05-2024