Home / Knowledge / News / Textiles / Russian firm to increase ethylene, propylene production capacities
Russian firm to increase ethylene, propylene production capacities
Oct '11
A leading Russian petrochemical firm is expanding its existing ethylene and propylene production capacities, in addition to setting up an Industrial processing park.

As a long term strategy, Russian firm Gazprom Neftekhim Salavat intends to spend over 30 billion rubles or €714 million to fund expansion of its petrochemical capacities through 2020, Deputy Director General of Development, Alex Zadorin said.

The projects proposed by the firm include expanding its ethylene and propylene producing plant and to raise its production capacity to 380,000 tons.

Besides, the firm also proposes to invest 140 billion rubles or €3.3 billion for setting up Centre of the Gas Chemistry, a gas chemistry centre, over next few years. Work in respect of the new centre, which is projected to have a new pyrolysis unit is likely to conclude by 2017-18, while the payback time for the project is estimated to be nine years.

Gazprom also plans to set up an Industrial processing park in the long-run.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 9th Dec 2016

‘Less demand may make it hard to achieve export target’

The $48 billion target for textiles and garment exports for 2016-17...

Textiles | On 9th Dec 2016

GST Council may decrease tax rates in future: CBEC

The goods and services tax (GST) Council might reduce the proposed...

Courtesy: Gucci/Pantone

Textiles | On 9th Dec 2016

Pantone announces greenery as colour of the year 2017

Pantone, an X-Rite company and the global authority on colour and...

Interviews View All

Rashi Menda

Every fifth sale we make on Zapyle is a repeat purchase

Sonia Agarwal

‘The terms eco-friendly and organic are common but everyone perceives them ...

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Lynda Kelly
Suominen Corporation

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

Marcel Alberts

Coating at a fibre level is a practice not usually seen in the...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Rupa Sood and Sharan Apparao

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

December 2016

December 2016

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


Browse Our Archives


Advanced Search