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Russian President commissions Tobolsk polypropylene plant
17
Oct '13
President Putin (R) commissioning plant
President Putin (R) commissioning plant
Russian President Vladimir Putin attended a ceremony to commission Tobolsk-Polymer, one of the world’s largest polypropylene production facilities.
 
With an estimated cost of RR 60 billion, Tobolsk-Polymer is hailed as the biggest investment project in the Russian petrochemical industry.
 
The Tobolsk-Polymer complex comprises two units – a 510 ktpa propane dehydrogenation (PDH) propylene production unit and a 500 ktpa polypropylene production unit, Russian petrochemical company SIBUR said in a statement.
 
The new complex is in the immediate vicinity of SIBUR’s operating plant, Tobolsk-Neftekhim, which will supply the feedstock – over 600 ktpa of propane.
 
The construction for Tobolsk-Polymer facility started in spring 2010 and was completed in standard time by global benchmarks, the statement said.
 
The launch of the Tobolsk-Polymer facility will contribute to the important challenge of import substitution in Russia, where currently local polypropylene production is not sufficient to meet domestic demand. 
 
In 2012, polypropylene production in Russia was over 660 kt, with demand exceeding 880 kt.
 
At present, average polypropylene per capita consumption in Russia is only 6 kg, compared to over 14 kg in Europe and the US. The polypropylene consumption in Russia is expected to grow at 4.2 percent per annum until 2020, according to IHS Chemical forecasts.
 
The launch of Tobolsk-Polymer will turn Russia from a net importer into a net exporter of basic polypropylene grades.
 
Leonid Mikhelson, Chairman of SIBUR Holding’s Board of Directors, said: “Tobolsk-Polymer is an important stage of the corporate strategy of advanced processing to derive value-added petrochemical products, including basic polymers, and meet domestic demand while achieving import substitution.”
 
Polypropylene is a chemically inactive and eco-friendly material used as a raw material in several industries, including the textile industry.
 

Fibre2fashion News Desk - India

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