LUKOIL Thursday, July 22, 2021
<_a103a_updated style='display: none'> { 7/22/2021 12:44:41 PM }Deputy Prime Minister of the Russian Federation Yury Borisov, Governor of the Nizhny Novgorod region Gleb Nikitin and President of PJSC LUKOIL Vagit Alekperov took part in the ceremony of commissioning of a polymer-bitumen binders production unit at LUKOIL's Nizhny Novgorod refinery. The commissioning took place today in the city of Kstovo (Nizhny Novgorod region).
By launching this unit, LUKOIL takes another step towards improving Russian motorways and implementing federal programs aimed at the development of the road construction industry. The new production unit withannual output of over 150 thousand tonnes will allow to expand LUKOIL's bitumen products range by introducing modern modified products and innovative polymer-bitumen binders. A significant increase in roadway pavement lifetime will be achieved by applying these products, as well as the unique technology of manufacturing rubber asphalt concretes with addition of crumb rubber produced from recycled auto tyres.
Commissioning of the facility is another stage in the development of the bitumen cluster of the Nizhny Novgorod refinery. Over the last few years, the refinery saw opening of a bitumen products loading terminal and a research center.
'Launch of this production unit at the Nizhny Novgorod refinery will allow for a consistent supply of Russian road construction industry with as much innovative high quality polymer-modified bitumen as necessary. This will provide our road construction industry with means to reach its goals, with respect to climate and traffic intensity,' noted Deputy Prime Minister of the Russian Federation Yury Borisov.
'The Nizhny Novgorod region is among the leaders in implementing the Safe High-Quality Roads national project. Expansion of LUKOIL's bitumen production will provide the road industry with proper materials. We value the fact that it is in our region that modern technologies are developed and new jobs are created,' said Governor of the Nizhny Novgorod region Gleb Nikitin.
'We expect Russian motorway infrastructure and the industry in general will benefit from commissioning of the new bitumen production facility, as well as from the continuous work conducted in our Research Center. Our specialists work on modelling traffic loads and weather conditions in order to create efficient and stable asphalt concretes formulas,' stated President of LUKOIL Vagit Alekperov.
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LUKOIL commissioned PENEX isomerisation unit with annual feed rate of 800 thousand tonnes at the Nizhny Novgorod refinery. The unit will allow to apply low temperature isomerisation to light naphtha in order to produce high-octane blending fuel. The Company also completed the construction of a Petroleum Residue Recycling Facility - another major investment project at the refinery.
PJSC LUKOIL announces that the final investment decision on the delayed coker complex at Nizhny Novgorod refinery was taken.
The construction of the complex and related operations optimization will improve the refinery's light product yield by more than 10% while reducing the fuel oil production by 2.7 million tonnes per annum.Attachments
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OAO Lukoil published this content on 22 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 July 2021 09:47:03 UTC.
