Home / Knowledge / News / Textiles / Russia to hike ethylene output to 14.2mn tons
Russia to hike ethylene output to 14.2mn tons
23
Mar '12
Russia's Ministry of Energy has announced plans to increase the country's annual production of ethylene to 14.2 million tons by 2030, many times higher than the country's ethylene production of 2.4 million tons in 2010.

According to the details of the development plan finalized for the petrochemical industry, Russia's share in world monomer production would increase from 1.6 percent in 2010 to 5.6 percent in 2030.

The plan says more than 60 percent of light hydrocarbons would undergo deep processing within the country by 2030, compared to 30.8 percent in 2010.

The Ministry statement said the existing chemical production facilities have reached their maximum output levels and hence to meet further domestic requirements it is essential to increase chemical production capacities.

The statement also said that Russia's polymer production has risen at a pace faster than the country's GDP during the last three years and the current production capacities have achieved their maximum output potential.

The finalized plan aims to achieve the set targets by setting up six petrochemical hubs across Russia. These hubs will come up one each in the Volga region, the northwestern region, the Far East, West Siberia, the Caspian region and East Siberia, the Ministry said.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 28th Mar 2017

India may impose duty on elastomeric filament yarn

The Government of India is likely to impose anti-dumping duty on...

Courtesy: Lee Cooper

Apparel/Garments | On 28th Mar 2017

CCI clears FLFL proposal to divest Lee Cooper

The Competition Commission (CCI) of India has approved the proposal...

Textiles | On 28th Mar 2017

Bardoli CEFC to benefit south Gujarat MSMEs

India’s first common engineering facility centre (CEFC) at Bardoli,...

Interviews View All

Smita Murarka
Amanté

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Karan Toshniwal
Orange O Tec

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

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

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...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Bani Batra

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

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

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
March 2017

March 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