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Lukoil to create polypropylene plant at Nizhny Novgorod Refinery — CEO

The production capacity is projected at around 500,000 tonnes

ASTRAKHAN, July 23. /TASS/. Lukoil made an investment decision to create a polypropylene plant at the Nizhny Novgorod Refinery, Chief Executive Officer of the Russian oil major Vagit Alekperov told reporters on Tuesday.

"The investment decision has already been made to build a polypropylene plant with the provisional capacity of 500,000 tonnes. We have our own feedstock, and this [production] will be intended for exports in particular," the top manager said.