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“INK is considering the possibility of producing "blue ammonia"”

The head of Irkutsk Oil Company said that the company will not stop at the investment decisions made and plans to implement new projects

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CIS PETROCHEMICALS
CIS GAS MONETISATION
Is there a fertilizer deficit in Russia?
CIS PETROCHEMICALS
Demethanization as a new energy transition trend
USA and the EC unveiled the Global Methane Pledge on September 18, which aims to reduce global methane emissions by at least 30% by 2030
CIS GAS MONETISATION
Sibur approves financing guarantees of the Amur GCC for $ 10 billion
The company reports a sum of $ 10 billion in funding from Russian and foreign financial institutions during a period of up to 15 years
CIS GAS MONETISATION
Joint project of Uzbekneftegaz and Sintez OKA for the production of diethylene and methylethyleneamine
Uzbekneftegaz in partnership with Russian company Sintez OKA, plans to organize production of new types of import-substituting products
CIS GAS MONETISATION
IEA publishes Global Hydrogen Review 2021
According to IEA, global hydrogen demand in 2020 amounted to 90 million tonnes, a 50% increase since the early 2000s.
CIS GAS MONETISATION
Eurochem buys urea project assets from ICT Group
Eurochem bought the assets of a project for the construction of a fertilizer plant in Ust-Luga from the ICT Group
CIS PETROCHEMICALS
Petrochemical prices expected to keep rising
High feedstock prices created problems for petrochemical enterprises, which scale back production, creating supply chain disruptions
CIS GAS MONETISATION
LUKOIL to create a large gas processing cluster
LUKOIL laid the foundation stone for a future gas processing unit at the Stavrolen petrochemical plant in Budennovsk
CIS PETROCHEMICALS
Tax incentives to help Russian petrochemical industry
Russian government has adopted additional incentives to revitalize the country's petrochemical industry and benefit from feedstock reserves
CIS PETROCHEMICALS
Lummus Announces twin heater contract from KINEF in Russia
Lummus Technology announced the award of a contract from KINEF for two proprietary heaters, part of the refinery upgrade in Kirishi, Russia
CIS PETROCHEMICALS
Energy crisis in China spikes price for base polymers
Shortages of electricity and the suspensions of the largest petrochemical enterprises in China led to a 10% increase in prices for base polymers
CIS PETROCHEMICALS
European Commission approves SIBUR’s acquisition of TAIF
The European Commission has approved, under the EU Merger Regulation, the acquisition of sole control of TAIF by SIBUR Holding