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Construction of a petrochemical refinery in the Far East

At the end of 2010 the Company Board approved a general concept for construction of a petrochemical plant near the city of Nakhodka in the Russian Far East. Planned throughput capacity is 3.4 mln tonnes, consisting of naphtha and liquefied hydrocarbons from the Komsomolsk and Achinsk refineries and also from the Angarsk Petrochemical Company. The new plant will specialize in production of polymers (polyethylene and polypropylene) and will also produce a number of other petrochemical outputs. The project includes construction of a dedicated sea terminal for delivery of output for export. Principal markets will be the Russian Far East and countries in South-East Asia, particularly China. Rosneft is looking for a foreign partner to help implement the project.