Complex lessons in chemistry

Belneftekhim Concern forecasts that, by mid-2016, petrochemical facilities will see an upturn in their situation

Belneftekhim Concern forecasts that, by mid-2016, petrochemical facilities will see an upturn in their situation

“Trends are obvious, showing the market revitalising,” emphasised the Concern’s Deputy Chairman, Igor Bobyr, speaking at a recent press conference devoted to Chemist’s Day. He notes that physical sales volumes have not dropped: enterprises are even selling more products than before. Meanwhile, low prices create no grounds to rely on good profits.

His colleague, Belneftekhim Concern’s Deputy Chairman, Vitaly Pavlov, added that the quality of Belarusian chemical goods is extremely high, enabling the country to compete on any market, although efficiency in accessing customers could be improved. Belarusian chemical and petrochemical goods are exported to 146 countries; last year, 36 new markets were added.

In early May, Belneftekhim Council adopted a concept of development for its organisations through until 2025, with about $8.2bn of capital investments set aside. Production of innovative chemical products is being encouraged, involving oil coke, methyltertiary butylether, highly refined paraffin, polyester fibres (like conjugate) and polyester threads.

By Alexander Benkovsky
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