Rosneft and Sinopec Sign Siberian Petchems MOU

Russian oil company Rosneft and China Petrochemical Corp (Sinopec) have signed a memorandum of understanding to cooperate on gas and petrochemical projects in East Siberia.

The agreement envisages a detailed pre-feasibility and concept design study for a potential gas and petrochemicals joint venture. The scope could include converting natural gas and liquid feedstocks to produce ethylene and propylene which would feed integrated production of high-performance polymers and copolymers.

Ethylene capacity at complexes in Boguchany (Krasnoyarsk Territory) and Angarsk (Irkutsk region) is expected to total as much as 3 million t/y with around 6 million t/y of polymers and other petrochemicals. Output will be targeted primarily at markets in Russia and China.

Free Expert Insights

Dual‑Targeting Breakthroughs
Advancements in Bispecific Antibody Development

Dual‑Targeting Breakthroughs

Unlock the latest breakthroughs in bispecific antibody development! Download Wiley’s free Expert Insights eBook to explore cutting-edge dual-targeting strategies, advanced purification methods, and bioanalytical technologies transforming immunotherapy and cancer treatment.

Interview

Stability in Motion
Strategic Response to a Shifting Pharma Landscape

Stability in Motion

Stefan Oelrich, Member of the Board of Management and President Pharmaceuticals, Bayer, discusses navigating external volatility, reshaping its internal structures, and investing in future-ready capabilities to ensure sustainable growth.

most read

Photo
28.07.2025 • NewsChemistry

VCI Welcomes US-EU Customs Deal

The German Chemical Industry Association (VCI) welcomes the fact that Ursula von der Leyen, President of the European Commission, and US President Donald Trump have averted the danger of a trade war for the time being.