Lukoil spends heavily on petrochems

Blagov, Sergei; Jagger, Anna
March 2007
ICIS Chemical Business;3/12/2007, Vol. 2 Issue 57, p26
Trade Publication
The article reports on the plan of Lukoil to invest in petrochemical and refinery projects. It plans to invest $2.2 billion in refinery upgrades, and $700 million in downstream petrochemical projects. It is also considering a $1.5 billion investment to produce a maximum of 600,000 tons per year of ethylene.


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