Belarusian oil refineries processed 11.937 million tons of crude in January-June, up by 0.5% YoY, Belneftekhim reported. In H1 Belarusian oil refineries increased output of the AI-95 petrol by 30%, kerosene – by 40%, bitumen – by 43.9%, compound fertilizers – by 52.4%, ethylene polymers – by 3.1%, truck and bus tyres – by 52.4%.…
Belarus’ revenues from export trade in oil products and potash fertilizers dropped by $1.7 billion in January-May due to low prices, Belarusian Prime Minister Andrei Kobyakov said. Although Belarus increased exports in physical terms, export revenues fell by 1.1% YoY, said Kobyakov. According to him, the only way for Belarus to compensate for missing revenues…
Companies controlled by Belarus’ petrochemical industries concern Belneftekhim produced a $339 million foreign trade surplus in January-June, Belneftekhim said in a release. In physical terms, petrochemical exports remained unchanged year on year in H1 2016. In value terms, exports of chemical and petrochemical products have dropped by more than $1 billion due to the drop…
During his working trip to Pavlodar region, Prime Minister Karim Massimov visited Pavlodar Petrochemical Plant. The Prime Minister was informed of the course of the plant’s modernization program and a unique complex for deep processing of oil. Besides, Massimov inspected the mechanism for primary processing of oil. Pavlodar refinery modernization project is a part of…
Azerbaijan and Iran have discussed the projects for joint production of pharmaceutical products, cars and car spare parts, said the message from Azerbaijan’s Economy Ministry. The issues were discussed during the meeting of Azerbaijan’s Economy Minister Shahin Mustafayev with Iran’s Minister of Communication and Information Technology Mahmoud Vaezi. Vaezi was on an official visit to…
Tajikistan is seeking investors for resumption of operations at the debt-ridden and loss-making fertilizer plant, which is located in the southern province of Khatlon. Tajik Minister of Industry and New Technologies Shavkat Bobozoda noted that some Chinese and European companies had shown interest in TojikAzot, the fertilizer factory located in the Tajik southern city of…
Starting from July 19, for the first time in the history, the Uzbek Commodity Exchange started exchange transactions on the sale of polypropylene. Seller of new products on the stock exchange is UZ-KOR Gas Chemical. Currently, 7 contracts with 1 ton-lots each are open for selling of various grades of polypropylene in the stock market.…