About 100,000 tons of high-density polyethylene will have been produced by the end of 2019, Director General of SOCAR Polymer LLC Farid Jafarov announced. Jafarov noted that the plant for the high-density polyethylene production would reach its design capacity within the next two months. As for polypropylene, Jafarov said that its production volume by the…
Uzbekkhimmash, a subsidiary of Uzbekneftegaz, will direct more than $23 million to a foundry modernization project with construction of a new foundry. The government of Uzbekistan has recently approved main parameters of a feasibility study on this investment project. The new foundry’s annual capacity will be 4,000 tons of casting, of which about 500 tons…
Agrokoncernas, a business group owned by Ramunas Karbauskis, leader of the ruling Lithuanian Farmers and Greens Union, has pledged to stop buying fertilizers from Russia company Minudobreniya as its key shareholder Arkady Rotenberg is subject to international sanctions. Agrokoncernas imports fertilizers from Minudobreniya via an intermediary in Dubai, although the company does not disclose, which…
Russian fertilizer producer EuroChem has opened a $16-million efficient water-soluble fertilizers plant in Lithuania, the company said in a statement. The plant will produce 25,000 tons of water-soluble crystalline urea phosphate per year, and the capacity will be reached until the end of 2018. “This new facility will further strengthen Lifosa’s position on the global…
A chemical plant will start operating in Aktau in 2020. It will be built by Topan Chemical Industries. According to Gaisa Zhumaliyev, head of the company, the new factory will produce caustic soda and chlorine-containing products. The project value is $70 million. The plant is expected to be constructed in the Seaport Aktau Special Economic…
Yildirim Holding, a Turkish company, plans to launch soda ash production in Zhambyl region. In December 2017 Head of State Nursultan Nazarbayev had a meeting with Robert Yuksel Yildirim, CEO at Yildirim Holding, at the EXPO Congress Center in Astana. The meeting participants discussed prospects for investment projects in the chemical industry of Kazakhstan. In…
Ukraine’s polypropylene (PP) imports increased by 9% YoY in the first seven months of the year, as demand for all PP grades grew. Overall imports of propylene polymers reached 74,000 tons in January-July, compared to 67,700 tons a year earlier. Demand for all PP grades increased, but PP block copolymers accounted for the greatest growth.…