Rosneft will construct a petrochemical complex in Primorski Krai and a modern refinery in Grozny

Ноября 30, 2010

The board of directors of Rosneft approved the plan for setting up Eastern Petrochemical Company (Vostochnaya Neftekhimicheskaya Kompaniya) in the vicinity of Nakhodka, Primorsky Krai, with capacity of 10 million tons per year, as well as the construction preparation plan for the facility.

The meeting found that the assessment of the company’s expected business results in 2010 suggests that the production plan will be realized in all aspects and according to the approved business plan.
In addition to reviewing the progress report on the 2010 financial and business activities plan, the board of directors heard a progress report on the Tuapse Refinery expansion project. Another project approved by the board is construction of a modern refinery in Grozny with capacity of up to 1 million tons per year.
Additionally, the board of directors approved changes in the company’s management board. In particular, Gani Gilaev, acting Vice President, became its new member.