(RBC) -- LUKOIL board of directors has approved the administration staff where vice-president and head of main petrochemicals sales coordinating administration Vadim Vorobyev together with vice-president and head of strategy and economics administration Gennadiy Fedotov made the debut.
They took places of vice-president, head of main technical administration Jevan Cheloyants and vice-president, head of main control and internal audit Vagit Sharifov.
(prw) -- Engel has delivered its first Ecodrive model in the UK to Agentdraw, the Leicester based design specialists with in-house toolmaking and moulding.
The 400 tonne tiebarless machine is equipped with Engel's new energy saving Ecodrive system, which was showcased at the PDM10 exhibition in May.
Agentdraw specified a large 90mm plasticizing unit, giving a shot weight capability of over 2.5 kg, and it selected the largest platen size available.
(plastemart) -- Saudi Aramco and Dow Chemical Co have extended a deadline for companies to qualify for bidding to build a giant petrochemical project. This is an indication of the certainty of the project despite earlier doubts about the cost.
Originally the plant was to be built at Ras Tanura and get integrated with an expansion of the refinery. Relocate of the project to Jubail is expected to save around US$5 bln.
Besides saving money for reclaiming land at Ras Tanura, the new location will benefit from existing infrastructure in place, and synergies with an existing refinery at Jubail and a new one under construction.
MRCMRC Reference
Share in the Russian market, 2008:
polyethylene - 2.5% (including LLDPE - 33.1%);
polypropylene - 0.8% (including PP-impact - 1.1%);
polystyrene - 2.6%.
Annual sales growth in Russia, recent 5 years:
polyethylene - 55%;
polypropylene - 28%;
polystyrene - 2%.
Imports by processing technologies:
(plastemart) -- Polypropylene producer Petroquim has restarted operations in Chile after being out of service since February 2010, following an earthquake. Production rates are very low at about 10,000 tons, at the 100,000 tpa plant as the testing phase is currently underway at the plant, until everything is normalized. The PP plant stopped operations due to feedstock constraints caused by an 8.8 magnitude earthquake damaged the refinery that provides the feedstock.
(plastemart) -- Polypropylene is Vietnam's first petrochemical product to be manufactured from propylene gas from the Dung Quat Oil Refinery. The polypropylene plant rolled out its first product in the Dung Quat Economic Zone in Binh Son district, Quang Ngai province on July 15. Construction of the 150,000 tpa plant started in December 2007 with a total investment outlay of US$234 mln.
It is planned that its investor (the Vietnam National Oil and Gas Group) will take over the plant from contractors before August 31 this year.
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