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Investment
PE plant considered for Astrakhan
SIBUR has resolved to spend 236 mln rubles to perform front and engineering design for a possible construction of a 450-500 KTA polyethylene complex with Astrakhangazprom LLC as the raw materials source.
In the months to come, a detailed assessment of commercial and technological aspects of the project will be held in cooperation with Astrakhangazprom LLC. Gazprom JSC will consider the assessment results to make the final decision on the construction of the new complex.
Should the project be approved, the startup can be scheduled for 2012.
“In the polymers sector we strive to implement our strategy aimed at the construction of new large-scale plants and establish the company’s export potential on this market”, - SIBUR LLC President Dmitry Konov said.
