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Petrochemicals

Starting from 1997 LUKOIL has been actively developing its petrochemical business aiming to increase the share of high value-added products and reduce dependence on the changeable environment of the global oil market, as well as to create additional opportunities for growth of the Company's shareholder value. Petrochemical operations are the most complex of all the oil company's refining operations. LUKOIL has petrochemical facilities in Russia (Saratovorgsintez, Stavrolen), Ukraine (Karpatneftekhim), Bulgaria (LUKOIL Neftokhim Burgas refinery with petrochemical operations), and Italy (ISAB refinery with petrochemical operations). The Company produces pyrolysis and organic synthesis products, fuel fractions, and polymer materials, satisfying a considerable part of the domestic demand for a number of chemical products; at the same time it is a major exporter of chemical products to more than 30 countries of the world.

EntityLocationProfile
Petrochemical entities
KarpatneftechimKalush (Ukraine)Production of polyethylene, polyvinylchloride, caustic soda and other products
SaratovorgsintezSaratov (Russia)

Production of polyethylene, polyvinylchloride, caustic soda and other products


StavrolenBudennovsk (Stavropol Krai, Russia)Production of acrylonitrile,

sodium cyanide, and other products of organic synthesis

Refinery with petrochemical operations
Neftokhim BurgasBurgas, BulgariaProduction of polypropylene
ISAB refinery Sicily, Italy Cumene production
  • Petrochemicals

  • Key performance indicators

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