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RUSSIA

Biaxplen launches new type of metallized BOPP film
Sibur’s subsidiary Biaxplen, a major producer of biaxially oriented polypropylene (BOPP) has launched a new type of biaxially oriented metallized heat sealable film. The technology used in the production of the new film allows consumers to apply...

Uralkali closes big potash mine due to flooding
Uralkali (Berezniki, Russia), the world’s largest producer of potash, has announced the closure of its Solikamsk-2 mine due to flooding. The mine, which analysts estimate accounts for 20% of the company’s potash output, may have to close...

EuroChem reports net loss on sharp depreciation of the Russian ruble, progresses potash projects
EuroChem (Zug, Switzerland), one of the largest global fertilizer producers, today reported third-quarter net loss of $240 million compared with net profit of $93 million in the year-earlier quarter. Sales were down 4% to $1.19 billion while Ebitda advanced...

President of Belarus appoints new head of potash concern Belaruskali
The president of Belarus, Alexander Lukashenko today announced several new government and industry appointments, including that of head of potash concern Belaruskali (Solihorsk). Ivan Golovatyi, technical director of state-owned Belaruskali, becomes general...

Gail and state oil company of Azerbaijan to jointly pursue various projects including investments in petrochemicals
BC Tripathi, chairman and managing director of Gail (left) and Arzu Azimov, CEO of Socar Trading, signed the MOU. Gail India (New Delhi), a natural gas company, says that it has signed a memorandum of understanding (MOU) with State Oil Co. of Azerbaijan...

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