Home / Knowledge / News / Industrial / Russia to setup six petrochemical clusters
Russia to setup six petrochemical clusters
18
Feb '12
Petrochemical production is expected to receive a boost in Russia in the next 20 years, following the passage of a policy which will increase capacity in the sector by 2030.

The measures have been formulated in order to meet the increasing demand for petrochemicals which is expected to grow three times by 2030.

Amongst the measures are setting up of petrochemical clusters in various regions like East and West Siberia, the Caspian region, Volga region, Far East and North West regions.

This policy will particularly pay attention to development of large-scale petrochemical capacities and its downstream production facilities, rding to European Plastics News.

Ethylene production capacity is expected to shoot-up 4.8 times by 2030, says the Ministry of Energy – Russia and also expects doubling in availability of raw materials for petrochemical production.

Alongside, around 50 percent of hydrocarbons produced in Russia will be processed into petrochemicals.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Textiles | On 20th Jan 2017

Xeros to focus on textile sector to develop technology

Xeros technology group plc, the developer and provider of patented...

Apparel/Garments | On 20th Jan 2017

Nine West acquiring womenswear marketer Kasper Group

US based footwear, accessories and denim company Nine West Holdings...

Interviews View All

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
January 2017

January 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search