The hottest Lukoil company invested 1.2 billion do

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Lukoil invested 120million US dollars to build ethylene plant according to foreign media reports, Lukoil of Russia recently announced that it plans to invest 120million US dollars to build an ethylene plant. This unit will be built near the petrochemical complex of Oria company in Ukraine by closing the oil delivery valve

According to Lukoil, the design capacity of this ethylene plant is 150000 tons/year, and the construction period is expected to be 3 years. Lukoil did not disclose when it would start construction of the unit

Oriana is the largest producer of VCM, ethylene and propylene in Ukraine. At present, the company's total ethylene production capacity is 250000, and enterprises have increased their investment in tons/year

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