Press Releases

OAO Nizhnekamskneftekhim and INEOS Technologies are pleased to announce that Innovene G and Innovene S polyethylene technologies have been licensed for OAO Nizhnekamskneftekhim’s new petrochemical project. The 300 KTA Innovene G and 300 KTA Innovene S plants will be part of a larger expansion at the petrochemical complex in Nizhnekamsk, Republic of Tatarstan, Russia. The planned commissioning for the complex is in the 2015 - 2016 timeframe.

The combination of Innovene G gas phase fluid bed and Innovene S slurry phase HDPE provides OAO Nizhnekamskneftekhim with a complete product portfolio. INEOS Technologies HPLL metallocene LLDPE film products will be featured in the product slate along with state of the art PE-100 pipe grades, premium bimodal HMW HDPE film, bimodal blow molding and HDPE commodity molding grades. INEOS Technologies’ Carbon Black compounding technology will ensure ISO PE-100 qualification of the pipe grades.

Vladimir Busygin, General Director of OAO Nizhnekamskneftekhim, notes “By signing the license agreement for INEOS technology, we will be able to produce various grades of polyethylene and be competitive not only in Russia and CIS, but also in other foreign countries.”

Peter Williams, CEO of INEOS Technologies, commented: "INEOS Technologies is very proud of the fact that OAO Nizhnekamskneftekhim has chosen Innovene G and Innovene S to supply their full range of PE needs for the new petrochemical project in Nizhnekamsk. Our Polyethylene technology has been recognised as a world wide leader and we are confident that it will serve OAO Nizhnekamskneftekhim’s long term marketing needs domestically and in export markets.”

For further information please contact:

Pete Grant, INEOS Technologies
Telephone + 41 (0) 21 627 7085
Email: peter.grant@ineos.com

Ilnur Davletshin
OAO Nizhnekamskneftekhim
Telephone (8555) 37-78-64
E mail: Davletshinii@nknh.ru

OAO Nizhnekamskneftekhim is a major petrochemical company, a leader in production of synthetic rubbers and plastics in the Russian Federation and is part of TAIF Group. The Company was established in 1967 and its main manufacturing facilities are located in Nizhnekamsk, Republic of Tatarstan.

The product slate includes more than 140 items. The company products are exported to 52 countries of Europe, America and South-East Asia. The share of exports in total output is about 50%. The company is the leading polyolefins producer (PE and PP) in the Russian Federation.

OAO Nizhnekamskneftekhim’s product portfolio includes: polyethylene – LLDPE, MDPE and HDPE, polypropylene – homopolymer and block copolymer, polystyrene – high impact and general purpose, general purpose and specialty synthetic rubber, ethylene and propylene oxide and derivatives and other hydrocarbon products

Product applications include: pipes, fittings, sheets, tubular film, flat-slot extrusion film, biaxially-oriented film, fibre, bonded fabric, mono-thread, film thread, packaging material, medical ware, articles designed for food contact and toys.

INEOS Technologies is a leading developer and licensor of technologies for the global petrochemicals industry. It offers the broadest range of petrochemical technologies on the market today and also supplies catalysts, additives and coatings that our customers require to obtain the best possible performance from their investments.

INEOS Technologies' complete portfolio of leading licensed technologies includes: Innovene PP - gas phase technology for the production of polypropylene, Innovene S - slurry technology for the production of mono and bi-modal HDPE, Innovene G -swing gas phase technology for the production of LLDPE and HDPE, BICHLOR - membrane electrolyser technology for chlor alkali production, Vinyls - technology for the production of EDC, VCM and PVC, Nitriles - technology for the production of acrylonitrile and maleic anhydride, Polystyrene – general purpose, high impact and expandable PS technologies.