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  1. The gas market outlook

    Participants at Argus’ virtual conference discussed LPG production, consumption and export development in Russia and globally. On 19 November, the Argus independent price assessment agency, held its annual online Argus LPG 2020: CIS and Global Market conference, devoted to the liquified petroleum gas ...

  2. One year at SIBUR International

    ... shape the supply chain. Our Plastics, Elastomers and Organic Synthesis business unit is a living example that a high level of customer satisfaction can be achieved by meticulously refining and tracking all business processes.” A special approach to the LPG market In the first half of the year, the market eyed the implications of the OPEC+ deal on oil prices, production and refining. The LPG market saw a downturn, while global supply chains faced transport disruptions and demand volatility. Izabela ...

  3. “We decided to sell more lpg on the domestic market”

    Alexey Markov sat down with Argus, a price assessment agency. – SIBUR’s exports of liquefied petroleum gas (LPG) more than halved this year. Is it only due to its consumption growth as a feedstock for ZapSibNeftekhim? – Two key factors led to the decline in exports. The first factor is of course the launch of ZapSibNeftekhim, which was reflected in our forecasts....

  4. Polymer strategy

    ... Q2 2019, ahead of the Q4 planned under the schedule. The facility will reach its full capacity after 2021. ZapSibNeftekhim will boost the Company’s margins by processing associated petroleum gas into higher value added petrochemical products than LPG and naphtha. General view of ZapSibNeftekhim in September 2019. On top of that, in Q3 2019, the Company may decide to proceed with another huge project, the Amur Gas Chemical Complex (GCC), which has a capacity of 1.5 mtpa of polyethylene ...

  5. Amur Gas Chemical Complex: progress update

    As part of the EEF, SIBUR presented the Amur GCC project to Vladimir Putin and signed a term sheet with Gazprom to supply LPG. The Eastern Economic Forum held in early September saw a presentation of the Amur Gas Chemical Complex (Amur GCC) project delivered by Dmitry Konov, Chairman of the Management Board at SIBUR Holding, to President Vladimir Putin. The project ...

  6. 2019 – industry at a glance

    ... refinery/paraxylene projects will be implemented by private Chinese companies. These crude-to-chemicals projects often include ethylene complexes as well. Several Chinese steam crackers will also be built by private companies based on imported ethane and/or LPG. Even with an ethylene self-sufficiency rising above 60%, China will still be extremely dependent on imports for this value chain. There will be a race to fulfill this need among new domestic Chinese capacity additions, other Asia ...

  7. Thorny petrochemicals

    ... February 2014 cut the polymer supply to the domestic market by 0.3 mt (ca. 6–7% of the total consumption), which had to be urgently replaced with imports. Russian petrochemical feedstock consumption consists mostly of straight-run petrol (naphtha) and LPG, with a much smaller share of natural gas liquids (NGL) and ethane. Naphtha comes primarily from refineries that can fully meet the needs of large-scale steam crackers. For that reason, naphtha-based petrochemical facilities are often integrated into ...