Stimulation of Petrochemicals in Russia will ensure production growth by 10 million tons by 2025-2027

The measures proposed by the government to stimulate petrochemicals in Russia will lead to an additional increase in production by 10 million tons, exports by $ 7 billion, investments by $ 50 billion, and the creation of 17,000 jobs

This is stated in the report of the Council of the Federation of Deputy Prime Minister Dmitry Kozak.

His spokesman Ilya Dzhus noted that these results can be achieved by 2025-2027 with the implementation of promising projects.

The growth of the financial results of the complex was facilitated by the recovery in prices for oil and oil products, nitrogen fertilizers, polyethylene, and the rise in prices for polypropylene, polystyrene and carbon black. At the same time, prices for natural rubber are at a minimum, which increased sales profitability at Tatneft, Kazanorgsintez, Tekhuglerode, and Ammonia, but influenced the decline in profits at Nizhnekamskneftekhim and Nafis Cosmetics.





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