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Russia (669)


RUSSIA

Sibur delays world-scale petchem project due to challenging economic environment
Sibur (Moscow) says that its biggest investment project, a world-scale petrochemicals complex at Tobolsk, Russia, will likely reach mechanical completion in 2019, one year later than previously announced. Speaking at a press briefing in London today, Sibur...

Synthos joins Rosneft and Pirelli in synthetic rubber project in Russia
Energy major Rosneft (Moscow), tire producer Pirelli and synthetic rubber maker Synthos (Oswiecim, Poland) have signed a memorandum of understanding (MOU) to carry out a feasibility study into production of synthetic rubber in the city of Nakhodka, Russia...

Alfa Laval awarded contract to supply heat exchangers to Turkmenistan petchems plant
Alfa Laval (Lund, Sweden) has been awarded a 70 million Swedish kronor ($7.9 million) energy-efficiency order to supply heat exchangers to an unspecified petrochemical plant in Turkmenistan, the company says. The order, booked in late March, is...

Novo Nordisk opens insulin facility in Russia
Novo Nordisk has announced the opening of a manufacturing facility in Russia for formulating and filling insulin for treating diabetes. The production will cover both Penfill cartridges and FlexPen prefilled insulin injection pens for the Russian market. The...

Acron reports lower full-year profit on higher revenue; gives update on potash, phosphate projects
Russian fertilizer major Acron (Velikiy Novgorod) today reported a 10% increase in 2014 revenue, to 74.6 billion Russian rubles ($1.94 billion), compared with 2013. Ebitda was up 32% to R20.3 billion, and Ebitda margin advanced to 27% from 23% a year...

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