OREANDA-NEWS. An official ceremony was held in Budennovsk devoted to commissioning a polypropylene production unit at OOO Stavrolen, part of the LUKOIL Group.

The polypropylene production unit with the capacity of 120 thousand tons per year is the first facility of its kind in the LUKOIL Group petrochemical complex. Propylene, which is the main crude product for the unit, is produced at OOO Stavrolen and transferred to the unit via the pipeline.

Design of the unit is based on the operational process Unipol which is developed by DOW Chemicals (USA).

Polypropylene produced for general use will be delivered to Russian facilities to help manufacture fiber, pipes, mechanicals and consumer goods. The new unit will allow satisfying the needs of the Russian market with modern brands of polypropylene.

Construction of the polypropylene production unit at OOO Stavrolen was launched in 1986. To complete the project, the LUKOIL Group acquired 87.42% of OAO Stavropolpolimerprodukt assets from State Unitary Enterprise Moscow Industry and Trade Center of Integration and Development for USD 32 million. Construction of the facility was resumed in January of 2005.