Orenburggazprom to Build Polypropylene and Polyethylene Plants

   
Orenburggazprom jointly with 'Sibur-Holding' will build up polypropylene and polyethylene plants in Orenburg (Russia). The estimated cost of each project is RUR22 billion and implementation period is 4 years for each project. By building up polypropylene and polyethylene plants Orenburggazprom is to close the technological cycle, from gas extraction to finished product and create a vertically integrated company. Gazprom gives a positive conclusion on possible variants of cooperation.

Polypropylene plant of the capacity of 450 thousand tons per annum will be constructed first. Its startup is scheduled for 2012. Polyethylene making plant of the capacity of 650 thousand tons is to be put into operation in 2016.