1. Lukoil confirms plans to resume propylene production at Stavrolen in early 2015

    7 September, 2014

    Alexey Ivanov, Head of Lukoil’s Production, Optimization and Coordination Department, has said that according to the company’s plans its polypropylene facilities at the Stavrolen plant, standing idle since a fire broke out in February 2014, should resume production in Q1 2015. The exact date will be determined nearer to the end of the year.

    Mr. Ivanov provided no detail regarding the cost of the repair effort at the plant.

    In a previous voicing of its plans, Lukoil said production should resume as early as in January 2015. The plant has been technologically prepared to produce polypropylene from (propylene) feedstock brought from outside since June 2014.

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