OJSC Naftan. The plant Polymir. Construction of the new ethylene-propylene plant
Enterprise and its description
OJSC Naftan
Primary activityRefinery products production
Products, services description (detailed, indicating CN FEA code)Product HS code Diesel fuel 2710194220 Fuel oil 100 2710196801 Gasoline AI-92 2710124130 Jet fuel 2710192100 Polyethylene 3901109000 Fibre (staple) 5503300000 Fibre (tow) 5501300000 Acrylonitrile 2926100000
Number of employees as on the month of filling the form, people10543
Project description
Investment projects offered for implementation
Total volume of investments, thousand $647000
Expected input of an investor, thousand $647000
Project period2021-2025
Investor participation formequity investment, new enterprise with a local partner, credit financing
Project descriptionThe project’s target is the plant that has been put into operation and is capable to produce not less than 200 thousand tonnes of ethylene and 100 thousand tonnes of propylene annually with the necessary ground-root onsite facilities, that will allow the increase of the hydrocarbon feedstock processing by the company and the production of the target products (totally 300 KTY), that will lead to increase of the commodity product production (LDPE)
The nomenclature of the product to be produced with indication of the CN FEA codePolyethylene (HS Code 3901109000)
Volume of investments, thousand $647000
Dymanic pay-back period, yrs15.7
Discount Rate, %3.4
Potential customerpolyethylene processing companies
Key benefits of the projectexisting downstream facilities qualified personnel logistic capabilities (geographic advantages) existing off-site units
Level of project development: feasibility study, business-plan (indicating the date of development), pre-investment study, design estimate documentation, construction work in progress etc.predesign documents for the facility as per the requirements of the technical normative and legal acts of the Republic of Belarus, the draft of the business plan of the investment project
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