Latest news with #petrochemical
Zawya
18 hours ago
- Business
- Zawya
SIBUR Begins Installation of Polypropylene Production Line at Amur GСC
MOSCOW, RUSSIA - Media OutReach Newswire - 30 July 2025 - SIBUR, Russia's largest polymer producer, has started installing a polypropylene production unit at the Amur Gas Chemical Complex (GСC), which is currently under construction in the country's Far East, close to Asian markets. The Amur GCC is one of the largest investment projects in the global petrochemical industry, with a planned annual production capacity of 2.7 million tonnes of polymers. Eighty-two per cent of the construction has already been completed, with production scheduled to begin next year. In July, SIBUR installed the first piece of equipment for polypropylene production at the Amur GCC, a 20-tonne column responsible for purifying exhaust gas from solid polypropylene particles. The equipment was delivered to the construction site via the Zeya River. All deliveries of heavy and oversized equipment to the Amur GCC site are expected to be completed before the end of this year's summer navigation season. Polyethylene production is planned to begin in 2026, followed by polypropylene production in 2027. In addition to Russia, products will be exported to China and other Asian countries. The Amur GCC is in the first quartile of the global cost curve, ensuring its competitiveness under any market conditions. The plant has a secure supply of Russian ethane and LPG, making it less vulnerable than its competitors to fluctuations in hydrocarbon feedstock prices. The complex includes one polypropylene production line with a capacity of 0.4 million tonnes per year, as well as four polyethylene lines – three using gas-phase technology and one using slurry-phase technology – with a total combined capacity of 2.3 million tonnes per year. Hashtag: #SIBUR The issuer is solely responsible for the content of this announcement. SIBUR
Associated Press
18 hours ago
- Business
- Associated Press
SIBUR Begins Installation of Polypropylene Production Line at Amur GСC
MOSCOW, RUSSIA - Media OutReach Newswire - 30 July 2025 - SIBUR, Russia's largest polymer producer, has started installing a polypropylene production unit at the Amur Gas Chemical Complex (GСC), which is currently under construction in the country's Far East, close to Asian markets. The Amur GCC is one of the largest investment projects in the global petrochemical industry, with a planned annual production capacity of 2.7 million tonnes of polymers. Eighty-two per cent of the construction has already been completed, with production scheduled to begin next year. In July, SIBUR installed the first piece of equipment for polypropylene production at the Amur GCC, a 20-tonne column responsible for purifying exhaust gas from solid polypropylene particles. The equipment was delivered to the construction site via the Zeya River. All deliveries of heavy and oversized equipment to the Amur GCC site are expected to be completed before the end of this year's summer navigation season. Polyethylene production is planned to begin in 2026, followed by polypropylene production in 2027. In addition to Russia, products will be exported to China and other Asian countries. The Amur GCC is in the first quartile of the global cost curve, ensuring its competitiveness under any market conditions. The plant has a secure supply of Russian ethane and LPG, making it less vulnerable than its competitors to fluctuations in hydrocarbon feedstock prices. The complex includes one polypropylene production line with a capacity of 0.4 million tonnes per year, as well as four polyethylene lines – three using gas-phase technology and one using slurry-phase technology – with a total combined capacity of 2.3 million tonnes per year. Hashtag: #SIBUR The issuer is solely responsible for the content of this announcement.
Malay Mail
18 hours ago
- Business
- Malay Mail
SIBUR Begins Installation of Polypropylene Production Line at Amur GСC
MOSCOW, RUSSIA - Media OutReach Newswire - 30 July 2025 - SIBUR, Russia's largest polymer producer, has started installing a polypropylene production unit at the Amur Gas Chemical Complex (GСC), which is currently under construction in the country's Far East, close to Asian Amur GCC is one of the largest investment projects in the global petrochemical industry, with a planned annual production capacity of 2.7 million tonnes of polymers. Eighty-two per cent of the construction has already been completed, with production scheduled to begin next July, SIBUR installed the first piece of equipment for polypropylene production at the Amur GCC, a 20-tonne column responsible for purifying exhaust gas from solid polypropylene particles. The equipment was delivered to the construction site via the Zeya deliveries of heavy and oversized equipment to the Amur GCC site are expected to be completed before the end of this year's summer navigation season. Polyethylene production is planned to begin in 2026, followed by polypropylene production in 2027. In addition to Russia, products will be exported to China and other Asian Amur GCC is in the first quartile of the global cost curve, ensuring its competitiveness under any market conditions. The plant has a secure supply of Russian ethane and LPG, making it less vulnerable than its competitors to fluctuations in hydrocarbon feedstock complex includes one polypropylene production line with a capacity of 0.4 million tonnes per year, as well as four polyethylene lines – three using gas-phase technology and one using slurry-phase technology – with a total combined capacity of 2.3 million tonnes per #SIBUR The issuer is solely responsible for the content of this announcement.
Reuters
20 hours ago
- Business
- Reuters
Chinese refiner Yulong buys first Canadian TMX crude oil cargoes
SINGAPORE, July 30 (Reuters) - China's Shandong Yulong Petrochemical has bought its first Canadian crude oil cargoes exported via the Trans Mountain pipeline (TMX) for September and October delivery, trade sources said, as the new refiner diversifies its supplies. Yulong bought an Access Western Blend (AWB) cargo for September delivery at a discount of about $1.50 a barrel to November ICE Brent from Macquarie, two of the sources said, and another cargo for October delivery from Totsa at a similar discount to December ICE Brent. Each cargo is about 550,000 barrels. Yulong did not immediately respond to a Reuters' email seeking comment. Macquarie and TotalEnergies do not comment on commercial matters. These were Yulong's first purchases of Canadian oil since the new refiner started its 200,000 barrel per day crude processing last September. AWB is a type of heavy and highly acidic diluted bitumen produced by Canadian Natural Resources and MEG Energy. Yulong has also recently made a rare purchase of Russia's Urals crude, trade sources said. The refiner normally buys Russian Far East ESPO grade and West African crude, they said.
Reuters
2 days ago
- Business
- Reuters
India and Taiwan were leading buyers of Russian naphtha in June, LSEG data shows
MOSCOW, July 29 (Reuters) - India and Taiwan were the leading destinations for Russian seaborne naphtha exports in June, as cheaper volumes and domestic demand attracted buyers, according to traders and LSEG data. Naphtha is a primary feedstock in the petrochemical industry for producing olefins and aromatics, which are then used to manufacture a wide array of products, including plastics, synthetic resins, synthetic fibers, and various other chemicals. Since the European Union's full embargo on Russian oil products went into effect in February 2023, countries in the Middle East and Asia have become the main destinations for Russia's naphtha supplies. Naphtha export shipments from Russian ports to India in June totalled 250,000 metric tons, down 5% from May, and exceeded 1.4 million tons in the first half of 2025. Russian naphtha arrived at the western Indian ports of Mundra, Hazira, and Sikka, shipping data showed. India partially replaced naphtha purchases from the United Arab Emirates with cheaper Russian supplies in order to reduce import costs. Naphtha exports from Russian ports to Taiwan reached 234,000 tons last month, double their May level, and totalled 1.27 million tons between January and June, according to LSEG data. Singapore, Malaysia, Turkey and China were among the other top destinations for Russian naphtha export supplies in June. Ship-tracking data showed that no cargoes from Russian ports arrived in Fujairah in the United Arab Emirates in June. Russia had supplied 80,000 tons to the UAE in May. Vessels carrying nearly 300,000 tons of Russian naphtha loaded last month are heading to Asia via Southern Africa's Cape of Good Hope. Asia received 150,000 tons in May. Traders have been diverting Russian oil products cargoes around Africa since December 2023 to avoid the Red Sea due to a heightened risk of attacks by Yemen's Iran-aligned Houthi group. All the shipping data above are based on the date of cargo departure.
