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Belneftekhim initiating joint chemical projects with Russia, other partners in EAEU

Economy 25.05.2018 | 18:57
Igor Lyashenko. An archive photo
Igor Lyashenko. An archive photo

MINSK, 25 May (BelTA) – The Belarusian state petrochemical concern Belneftekhim is initiating joint projects in the area of chemical industry with Russia and other partners in the Eurasian Economic Union (EAEU), BelTA learned from Belneftekhim Chairman Igor Lyashenko.

“It is a topical idea today and will be topical tomorrow. We are interested in implementing projects together, primarily with colleagues in the Eurasian Economic Union. We would like to utilize our advantages: the available infrastructure, the relevant competences, and well-trained workforce,” said Igor Lyashenko.

According to the Belneftekhim head, it would be more profitable and cheaper to secure large output figures together using manufacturing cooperation schemes in order to satisfy all Eurasian consumers. “But, unfortunately, the colleagues are still focused on their own ways of development, on their own republics and prefer setting up similar enterprises. This is why our call for unity still remains topical,” said the official.

For instance, SvetlogorskKhimvolokno may be involved in manufacturing cooperation ties with colleagues from Russia. The Belarusian side is ready to implement Mogilevkhimvolokno's polyether production project together with Russian partners particularly since the raw materials are made in Russia among other countries and the end products are consumed in significant amounts over there, too.

The same applies to Grodno Azot. “Understanding the dependence of the new nitrogen plant on gas, we are ready to implement the project together with Russian partners if they are interested. Work in this direction continues. Discussion goes on,” explained Igor Lyashenko.

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