12 October 2010 14:14 [Source: ICIS news]
MOSCOW (ICIS)--Sibur has completed a rouble (Rb) 1.6bn ($53.4m, €38.5m) project to increase a plant's capacity of light-hydrocarbon gases to service downstream facilities, the Russian petrochemical major said on Tuesday.
Sibur increased the capacity of its Gubkinsky plant from 284,000 tonnes/year to 434,000 tonnes/year, it said.
In July, Sibur started building a new pipeline to transport light-hydrocarbon gases to the Tobolsk-Neftekhim petrochemical plant, which is operated by its subsidiary.
The 400-kilometre pipeline, which has a capacity of 7m tonnes/year, would be used for Sibur’s project to build a new 500,000 tonne/year polypropylene (PP) facility at the premises of the Tobolsk-Neftekhim subsidiary.
The PP facility is expected on stream in 2012.
In 2008, Sibur announced plans to invest about €250m in its gas processing plants in western Siberia, which also included the Yuzhno-Balyk and ?xml:namespace>
($1 = Rb29.93/€1 = Rb41.55)
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|