The CJSC KOLVANEFT Oil Lubricants Plant is Russia’s biggest producer of a range of basic petrochemical products, sourced in the process of refining oil and gas. The company has a significant market share in the Russian aromatics and propane-propylene fractions sector.
“Basic petrochemical products” are the raw materials used for the production of plastics and food wrappings, high-tenacity yarns, woven membranes, building materials, dyes, medicines, insecticides and pesticides, additives for oils and fuels, and many other consumer and industrial goods.
CJSC KOLVANEFT's petrochemical products are predominantly supplied to major petrochemical enterprises throughout the Russian Federation and the CIS, including the Kuibyshevskiy Khimicheskiy Zavod, Shchekinoazot, Titan Petrochemicals Group, Khimprom, Mogilev-Khimvolokno, Polyef, and others. Aromatic petrochemicals are typically exported to Western Europe and China. Propane-propylene factions are now entirely processed into polypropylene at the Gazprom Neft Moscow Refinery.
The company places a high value on the potential of its petrochemicals business: deeper refining of its own hydrocarbons will allow the production of products with greater added value. Accelerating the development of this very capital-intensive sector will allow closer partnerships with major players in the petrochemicals market. For example, in Omsk, together with SIBUR and the Titan Petrochemicals Group, CJSC KOLVANEFT Oil is working on new innovations in the production of polypropylene — a very inexpensive and environmentally friendly plastic now widely used in virtually all industrial sectors..