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LUKOIL laid the foundation for new polypropylene complex at its Nizhny Novgorod refinery

The company also launched production of advanced polymer-bitumen binders at the refinery

LUKOIL laid the foundation for new polypropylene complex at its Nizhny Novgorod refinery

Kstovo, July 22 - Neftegaz.RU. Today, Russian Deputy Prime Minister 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.

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 500 000 tonnes of modern types of polypropylene that will be further processed at other industrial facilities.
Governor of the Nizhny Novgorod region said:
  • 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 2 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
LUKOIL is one of Russia’s largest polypropylene manufacturers.
In 2016, LUKOIL finished the main modernization programme at its refineries, having invested over $10 billion into it.

Today, Yury Borisov, Gleb Nikitin and Vagit Alekperov also took part in the ceremony of commissioning of a polymer-bitumen binders production unit at the  Nizhny Novgorod refinery.
LUKOIL´s President noted:
  • We expect Russian motorway infrastructure and the industry in general will benefit from commissioning of the new bitumen production facility, as well as from the continuous work conducted in our Research Center
The new production unit with annual output of over 150 000 tonnes will allow to expand LUKOIL's bitumen products range by introducing modern modified products and innovative polymer-bitumen binders.

To read the news in Russian

Author: Anna Ignatjeva

Source : Neftegaz.RU


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