MOSCOW (MRC) -- Three missiles fell near an oil refinery in Iraq's northern city of Erbil without causing any casualties or damage, reported Reuters with reference to Kurdistan anti-terrorism authorities' statement.
Iraq's state news agency cited the statement as saying "initial information show the missiles were launched from Nineveh" province in Iraq.
Sources in the Kurdistan Regional Government told Reuters that the refinery is owned by Iraqi Kurdish businessman Baz Karim Barzanji, the CEO of a major domestic energy company called KAR Group and whose home was hit by Iranian ballistic missiles last month.
As MRC informed before, Indian Oil Corp. (IOC), the country's top refiner, will increase crude purchases from Iraq by 11.5% in 2022 to 390,000 bpd, partly to make up for a shortfall from Mexico and a possible supply cut from Kuwait. Iraq is the top supplier of oil to India and its market share there is set to rise as another refiner Hindustan Petroleum Corp. will also buy more crude from the Middle Eastern nation. India is the world's third biggest oil importer.
Ethylene and propylene are the main feedstocks for the production of polyethylene (PE) and polypropylene (PP), respectively.
According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 2,487,450 tonnes in 2021, up by 13% year on year. Shipments of all grades of ethylene polymers increased. At the same time, PP shipments to the Russian market totalled 1,494.280 tonnes, up by 21% year on year. Deliveries of homopolymer PP and PP block copolymers increased, whreas.shipments of PP random copolymers decreased significantly.