LUKOIL's petrochemical business is one of the biggest in Russia, CIS
and Eastern Europe. Company plants in Russia, Ukraine and Bulgaria make
pyrolysis and organic synthesis products, fuel fractions and polymer materials.
LUKOIL meets a major share of Russian domestic demand for various chemicals and
is a major exporter of chemicals to more than 30 countries
at LUKOIL’s petrochemical plants in 2012 totaled 894.4 thousand tonnes, which is
39.0% less than in 2011. The output decline was due to downtime at the Stavrolen plant due to repair work and
lower levels of production by Karpatneftekhim in response to a weak
Work was carried out in 2012 for modernization of existing production
capacities and the creation of new capacities as part of LUKOIL’s strategy for
development of its petrochemical business.
Planning work began for installation of a second sodium cyanide
production line at Saratovorgsintez.
A highly important project at Stavrolen is for creation of a
processing complex, which will receive gas inputs from fields in the Northern
Caspian. The first line of a gas-processing plant with capacity for 2 billion
cubic meters of gas is scheduled for launch in 2015, when modernization of
existing ethylene and polyethylene units should also be completed. Preparation
of project documents and working documents has begun for re-equipment of
existing ethylene capacities in order to ensure maximum processing of liquefied