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MOSCOW, RUSSIA: Lukoil said that it has commissioned a polyethylene reactor at its petrochemical factory in Stavrolen, Budyonnovsk after reconstruction.
The modernized process train makes it possible to produce a larger variety of products of better quality, reliability and durability. The lifetime of some polyethylene products can exceed 80 years.
Vagit Alekperov, president of LUKOIL and Vladimir Vladimirov, governor of Stavropol region held a meeting on Stavrolen further development, including construction of a new gas chemical facility at the factory.
Addressing the meeting, Alekperov said that "the project will facilitate integrated development of the south of Stavropol region, create 600 additional jobs and increase tax revenues of the regional budget".
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