MOSCOW (MRC) - Lukoil, the second largest oil company in Russia, has begun supplying electricity to Stavrolen in Budennovsk from its own solar power plant (SPP) located on the territory of the Volgograd refinery, the company said.
The annual volume of supplies will be about 11 mln kWh.
The use of electricity generated from renewable energy sources will reduce the carbon footprint of Stavrolen's products with an expected reduction in the volume of indirect energy emissions of greenhouse gases by almost 5 thousand tons of CO2 per year.
The development of renewable energy sources for its own production needs is an important instrument of the company's decarbonization program, and Lukoil plans to continue implementing such projects in accordance with its climate strategy.
SPP in Volgograd with a capacity of 10 MW was commissioned in 2018. After the commissioning of the second stage in May 2021, the capacity of the SPP was increased to 30 MW.
Earlier it was reported that in July of this year, Lukoil began construction of a polypropylene (PP) production complex on the territory of the Nizhny Novgorod refinery in the city of Kstovo. The complex will become the largest polypropylene production facility in Russia integrated into an oil refinery. The raw material for polypropylene production at Lukoil's Nizhny Novgorod site will be propylene from two modernized catalytic cracking units with a capacity of 4 million tons per year. After putting the complex into operation, the enterprise will be able to produce about 500 thousand tons of polypropylene grades.
Earlier it was reported that in July of this year, Lukoil began construction of a polypropylene (PP) production complex on the territory of the Nizhny Novgorod refinery in the city of Kstovo. The complex will become the largest polypropylene production facility in Russia integrated into an oil refinery. The raw material for polypropylene production at Lukoil's Nizhny Novgorod site will be propylene from two modernized catalytic cracking units with a capacity of 4 million tons per year. After putting the complex into operation, the enterprise will be able to produce about 500 thousand tons of polypropylene grades.
According to the ICIS-MRC Price Report, from 12 October, Stavrolen began a shutdown of its HDPE capacities for scheduled preventive maintenance. The idle capacity will be quite long and will take about 36 days. The annual production capacity is 300,000 tonnes/year.
Stavrolen (Stavropol Territory, part of Lukoil) is the second largest producer of low-density polyethylene (HDPE) in Russia after Kazanorgsintez and the fifth in terms of PP production. Stavrolen's capacities for the production of HDPE and PP are 300 thousand tons and 120 thousand tons per year, respectively, the plant also produces 80 thousand tons of benzene and 50 thousand tons of vinyl acetate per year.
MRC