print version 

Find company
Home About the ProjectContact usFor the Clients
Enter code or ISIN
 
alpha / industry search

Issuers' Corner
Press Releases
Annual Reports Library

Financial Statements
SEC & FFMS Filings
Corporate Presentations
GM Materials
Issues Documents
Corporate Governance Materials
Russian Company Guide
Company Profiles
Corporate Calendar
Markets Corner
Consensus Estimates
Media Corner
News Line


Get updates



Home  Issuers' Corner  Press Releases REGISTER LOG IN

Press Releases

company search
all press releases
all Oil Company "LUKOIL" press releases

Oil Company "LUKOIL"

May 14, 2013

LUKOIL and SNF SAS agree on cooperation

LUKOIL and the French SNF SAS have agreed on the principal conditions to proceed with acrylamide and polyacrylamide production at Saratovorgsintez production site, a petrochemical enterprise, member of LUKOIL Group.

SNF SAS has planned a two-stage implementation for this project:
Stage 1: Establish 50,000 tons of acrylamide production and 30,000 tons of polyacrylamide production per year. Production is scheduled to begin in the first quarter of 2016.
Stage 2: Expand acrylamide production to 60,000 tons per year.
In case of a favorable market situation, SNF SAS will consider increasing the polyacrylamide production volume up to 100,000 tons per year.
Saratovorgsintez, the largest East European acrylonitrile manufacturer, will supply the acrylonitrile feedstock to the production facilities, up to 20,000 tons per year in the first stage.
LUKOIL believes the polyacrylamide manufactured by SNF SAS at the Saratovorgsintez production site may be utilized for its chemical technologies aimed at oil recovery enhancement.
Thus, project implementation will result in localized acrylonitrile consumption and additional use of the underused infrastructure facilities of the petrochemical enterprise, and in import substitution of considerable chemical agent volumes.

 

 

 

Search by industry

Agriculture, Foresty and Fishing | Chemicals | Engineering | Ferrous Metals | Financial, Insurance & Real Estate | Food & Kindred Products | General Construction | Information Technology | Media & Publishing | Non-Ferrous Metals | Oil & Gas | Pharmaceuticals | Power Industry | Precious Metals and Diamonds | Telecommunications | Transportation | Wholesale & Retail Trade

Search by alpha index

A B C D F G H I K L M N O P R S T U V W X Z


Site Map
© RUSTOCKS.com
Privacy Statement | Disclaimer