14 June 2012 15:36 [Source: ICIS news]
MOSCOW (ICIS)--Nizhnekamskneftekhim (NKNKh) has pledged to build new ethylene and polymer facilities in 2016-2017, the Russian petrochemical producer said on Tuesday.
A new 1m tonnes/year ethylene production unit is expected to start operation in 2016, while NKNKh aims to finish construction of a new 600,000 tonne/year polyethylene (PE) plant and 400,000 tonne/year polypropylene (PP) plant in 2017, it said.
The ethylene, PE and PP production units are expected to cost about $3bn (€2.4bn) to build, NKNKh CEO ?xml:namespace>
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