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Chemical Week Magazine :: Business & Finance :: Europe/Mideast

Gazprom, Sibur and Dow Revive Project

8:14 AM MDT | June 4, 2010 | Natasha Alperowicz

Gazprom, Sibur, and Dow Chemical have signed an agreement reviving plans for a joint petrochemical complex in the European part of Russia, CW has learned. A pre-feasibility study for the project, first announced in 2007, will most likely be completed by the end of the year, sources tell CW. The scheme involves transporting feedstocks from Siberia to a site on the Baltic Sea via an existing pipeline, which needs to be modernized. Two locations are being considered for the petrochemical complex, Ust-Luga, south of St Petersburg, and Primorsk, north of the city. The...

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