Report Published: "Russia Petrochemical Industry to Expand Substantially Amid Government's Diversification Plans"
Russian petrochemicals industry is set to expand in the next five year as plans to diversify the economy will bring more investment into the industry. Russian economy, which has been highly dependent on hydrocarbon resources, will receive more support from the petrochemicals industry once all the planned plants come on-stream. The major beneficiary of the diversification drive will be the olefins sector, where the production capacity will increase by more than 100% by 2017. The government is also supporting the...
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