[ad_1]
Primorye pursues the realization of the largest investment project for the construction of a petrochemical complex and modern refinery "Eastern Petrochemical Company", reports RIA VladNews
A complex is planned on the territory of Krai which could process up to 30 million tons of hydrocarbons a year. The project, which is being run by the Primorsky Administration in collaboration with PJSC "NK Rosneft", will initiate the formation of the oil and gas chemical cluster of the Far East.
As the press service of the regional administration tasks on the scale. The first is to meet the growing needs of the Far East regions for high quality fuel. In peak periods, VNKhK will be able to produce more than 100,000 tons of fuel per month
The refinery complex will be launched in two stages. As a first step, petrochemical production will be launched with an expected capacity of 3.4 million tonnes per year. Start of construction of petrochemical production is scheduled for 2022, and commissioning of the facility is 2026 year. The main commodities of petrochemicals will be polyethylenes and polypropylenes, whose diffusion is expected in the spectrum of about 15 brands of a wide range of applications. During the second phase, an oil refinery with a production capacity of 12 million tons of processed oil per year will be built and is expected to be completed in 2029. In accordance with the project documentation, the main products are: Gasoline, aviation and diesel.
Large Petroleum Refining and Petrochemical Production in Primorsky Territory Create Positive Prerequisites for Economic Development and Social Stability
[ad_2]
Source link
