TATARSTAN DOWNSTREAM PROJECTS: OVERVIEW
Posted by GBC on 02-09-2018
Nizhnekamskneftekhim (NKNK) is one of the largest petrochemical companies in Europe, the leader in the production of synthetic rubbers and plastics in the Russian Federation. The Company is part of TAIF Group.
NKNK is considering construction of a new multi-billion olefin complex with a total capacity of 1.2m of ethylene per year, which will be then used in polyethylene and polypropylene production and the production of alpha-olefins.
Initially, the launch of the first phase of the ethylene complex with the capacity of 600 thousand tons per year was scheduled for 2020, the second of similar capacity – 2025. In April 2017, TAIF reported that the tender process for the licensor is at the final stage.
The holding is additionally planning a massive modernisation of its benzene production facilities.
Tatneft is Russia’s sixth largest internationally recognised vertically integrated oil company. The industrial complex of the Company includes steadily developing enterprises of oil and gas production, petroleum refining, petrochemicals production, the tire manufacturing complex, network of filling stations and services
One of the Company’s major projects is the construction of the “TANECO” Refining and Petrochemical Plants Complex in Nizhnekamsk.
Kazanorgsintez is one of the largest chemical companies of the Russian Federation. Kazanorgsintez produces more than 38% of the total Russian output of polyethylene with a production capacity of over 1 million tons of chemical products per year. President of Tatarstan, Minnikhanov reported that Kazanorgsintez, part of TAIF Group is considering a twofold increase in production volumes.
Additionally, TAIF’s press center reported that the holding is evaluating the construction project for a new gas processing plant with a capacity of 30 million cubic meters.
TAIF is the largest industrial and investment holding with significant assets strong production potential uniting 54 subsidiaries and affiliates. The holding carries out its activity in many areas, five of which are: oil and gas refining and petrochemicals, telecommunications, construction i, banking and investment.
At present, the TAIF Group is one of the largest producers of ethylene in Russia – 42% of all Russian production, almost half – 47% of all domestic polymers, more than 69% of all rubbers produced in Russia.
PSC TAIF-NK’s Nizhnekamsk refinery, which is Tatarstan’s largest, includes a gasoline plant and gas condensate processing plant.
TAIF-NK is implementing long-term project of constructing heavy residues deep conversion complex. The launch of the complex will enable TAIF-NK to refine oil residues and make Euro 5 diesel fuel and straight-run gasoline.
Taneco is a Russian oil refining company and part of the $15 billion Tatneft Group. The company was created in 2005 to drive oil and petrochemical production in the Tatarstan region of the country. It is the first industrial facility of its scale built from scratch in post-Soviet Russia. The project continues to increase production, contributing significantly to the Tatarstan economy.
The next phase of development will see TANECO expand its mix of petroleum products in line with international production standards and environmental compliance. TANECO’s strategy is to focus on hi-tech, efficient and environmentally friendly oil refining processes. The company plans to create a range of oil-based products, strengthening vertical integration within the Tatneft Group.
The first fertiliser complex became fully operational in February 2016. Annual production capacity of the complex is estimated to be 717,000t of ammonia and carbamide, 233,000t of methanol, and 380,000t of ammonia nitrate. The project is worth USD 1.4 billion.
In March 2016, representatives from Ammoni and Tatneft as well as their Japanese counterparts from Mitsubishi Heavy Industries and Sojitz Corporation signed a memorandum on the construction of a second large-scale complex to produce ammonia, methanol and granulated carbamide.
Over £40bn in capital expenditure is predicted to be spent over the lifetime of these projects