To complete its production upgrade program in 2016-2020, Belarus’ Mozyr NPZ (Gomel region) oil refinery will need $1 billion, while Naftan oil refinery (Vitebsk region) is short of $426 million, a source in the profile ministry reported. Belarusian oil refineries are challenged to keep upgrading their facilities in order to increase their oil conversion ratio…
Gazpromneft Bitumen Materials, operator of the Gazprom Neft bitumens business, has seen sales of its polymer-bitumen binders increase to 39,000 in H1, up 2 times YoY. This volume of polymer-bitumen binders would typically be used for laying an average 900 kilometres of high-quality road surfacing, the useful life of which would be twice as long…
Bridgestone Corp. plans to launch a 12.5 billion ruble tire plant in the city of Ulyanovsk in September, the government of the region said in a report. “Bridgestone’s first Russian and CIS tire plant will be launched on September 13, on the territory of industrial park Zavolzhye in Ulyanovsk. Deliveries of the produced goods, radial…
Uzbekistan will host the first international conference “Resource saving technologies for processing of phosphorite of Central Kyzylkums into phosphate fertilizers and phosphoric salts” in October. Uzkimyosanoat and Ammofos-Maxam are organizers of the conference. According to the organizers, the conference will be held in Tashkent on October 10. The conference is aimed at discussing important achievements…
Uralkali, one of the world’s largest potash producers, announces the key decisions taken by its Board of Directors at a meeting on September 1. The board has approved of the list of candidates to be elected to the Board of Directors at Uralkali’s Extraordinary General Meeting (EGM), to be held on September 27: Dmitry Konyaev,…
On August 29, Uralkali held its Extraordinary General Meeting of Shareholders (EGM) where following decision has been made. The EGM approved of interested-party major transaction (a number of interrelated transactions) – placement of the company’s exchange traded bonds in favor of JSC Uralkali-Technology with a total nominal value of $800 million and with a value…
Belarus’ petrochemicals plant Polimir considers the European Union a priority market for acrylic fiber export, a company official said. Polimir exports 80% of synthetic fiber and views the EU as a lucrative market, as acrylic fiber prices are high there. Besides, the manufacturer is geographically close to the EU, which reduces the delivery time after…