Monday, December 31, 2007

LUKOIL Chemical Group's new strategy that has enabled a turnaround

LUKOIL Chemical Group's activities include conversion of hydrocarbons produced by Russian company LUKOIL, as well as production of a wide range of petrochemicals to meet demand from domestic Russian as well as overseas markets. The company's overall development strategy until 2017 includes maximizing existing plant efficiency as well as launching new production operations in existing facilities. The company is set to invest over US$4 billion over the next 10 years.

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