Gazprom has received permission to purchase 50% of the capital of the Baltic Chemical Complex: The Baltic Chemical Complex –gas Chemical Complex) is part of the ethane-containing gas processing complex (KPEG) being created in the north-west of the Russian Federation – the flagship investment project of modern Russia to create one of the world's largest clusters for the extraction and deep processing of hydrocarbon raw materials.
Hintergrundinfo: Baltic Chemical Complex Ust-Luga Complex, Russia
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Russia’s Baltic Chemical Complex €10bn project, one of the world’s largest polyethylene (PE) expansions, will start commercial production from mid-2024, targeting its domestic market as well as export destinations including Europe, Asia, Latin America, and Africa, according to the CEO at the producer.
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