“Sibur” (Russia) and “Lukoil-Neftechim”(Russia) established Joint Venture “Domestic Polymers” for the construction and joint operation in Nizhny Novgorod of the plant manufacturing terephthalic acid, annual capacity of the plant will be 600-800 thousand tons. Cost of the project is estimated at USD300 million.
New large plant for manufacturing terephthalic acid to be constructed in Russia