22 Jul 2021 13:47

Lukoil starts building polypropylene complex at Kstovo Refinery

KSTOVO. July 22 (Interfax) - Russian oil company Lukoil has started building a complex for polypropylene production at the Kstovo Oil Refinery of LLC Lukoil-Nizhegorodnefteorgsintez in the Nizhny Novgorod region, an Interfax correspondent reported from the foundation stone laying ceremony.

Investment in the project is estimated at 61 billion rubles.

The company plans to commission the facility, which will be the biggest refinery-integrated polypropylene unit in Russia, in 2025.

The complex will include polypropylene production at a capacity of 500,000 tonnes per year, with a unit for polypropylene concentration and production of methyl tertiary butyl ether with a capacity of 215,000 tonnes per year. Propylene from the refinery units will be used as raw materials for production.

LLC Lukoil-Nizhegorodnefteorgsintez is a 100% subsidiary of PJSC Lukoil. The Kstovo Refinery has an installed oil refining capacity of 17 million tonnes per year. The enterprise produces over 50 types of petroleum products, including automobile, aviation, and diesel fuels, petroleum bitumen, and paraffin.