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Chemical Week Magazine :: New Construction Projects

Rosneft to form JV for world-scale petchem complex in Russia

12:40 PM MDT | July 1, 2013 | —Ian Young

Rosneft (Moscow) and SamaraNefteOrgSintez (Sanors; Novokuibyshevsk, Russia) on 21 June signed a heads of agreement, under which the companies intend to create a joint venture that will incorporate Rosneft’s gas-processing assets and Sanors’s petrochemical assets in Russia’s Samara and Orenburg regions. One of the jv’s main objectives will be to build a world-scale petrochemical complex in the Samara region, Rosneft says. The complex “will be focused on import substitution and meeting growing domestic demand for key polymers and other...

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