04 April 2012 16:44 [Source: ICIS news]
MOSCOW (ICIS)--Russia’s Gazprom Neftekhim Salavat (GNS) said on Wednesday it has moved towards boosting capacities at its ethylbenzene (EB) and styrene production facilities.
GNS is due to increase its EB and styrene capacities by 10% by the end of 2012, the petrochemical producer said.
The company can currently produce 230,000 tonnes/year of EB and 200,000 tonnes/year of styrene, it said. In 2011, GNS produced 27.3% of Russia’s total styrene output, the company added.
In October 2011, GNS signed an agreement with Japan’s Mitsubishi Heavy Industries, Mitsubishi Chemical Corporation and Sojitz Corporation to build new facilities to produce 80,000 tonnes/year of acrylic acid and 80,000 tonnes/year of butyl acrylate by 2015.
GNS, controlled by subsidiaries of Russian gas giant Gazprom, is based in the Russian republic of Bashkortostan. The company, formerly known as Salavatnefteorgsintez, was renamed in January 2011.
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