Asian Chemical Connections
© Rex FeaturesAfter decades of inertia in new project activity, the Russian petrochemical industry is finally stirring into action, with many facilities moving from the planning to construction phase.
At the end of January 2012, a Russian government commission rubber-stamped an ambitious plan, instigated in 2010 by then Russian prime minister Vladimir Putin, to establish a network of six petrochemical clusters across Russia.
INSIGHT: Dangers of the oil price collapse
"The negative impact of lower oil prices are not confined to the big oil producing nations alone."
VIDEO: ICIS special report - impact of lower crude oil prices