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Construction of Baltic Chemical Complex

Updated:2022-12-29 07:07:00 Download PDF

Project details

• Country Russia
• Region Leningrad Region
• Project type Plant
• Type of work Construction
• Project category Industrial
• Project status Active
• Terms of implementation 2019-2025
• Investment site Special economic zone of industrial production type "Ust-Luga"/

Industry

• Chemical Industry

Sub-industry

• Petrochemicals & Polymers

Comment

"Baltic Chemical Complex" project stipulates the construction of a gas chemical complex. Raw materials: ethane produced at the integrated gas processing complex (the project of RusGazDobycha JSC and Gazprom PJSC is located in the immediate vicinity). Project operator: Baltic Chemical Complex LLC, a subsidiary of RusGazDobycha JSC. Stage I: Q4 2023, Stage II: Q4 2024. Designed production indicators (per year): processing of ethane fraction - about 3.5 million tons; production of commercial polyethylene - up to 3 million tons. Financing: a loan from VEB.RF up to 111 billion rubles.

Project economics

• Approximate amount of investment 1.5 trln
• Approximate amount of investment 16.71 bln
• Planned production volume 3 mln