Hydrocarbon Processing Copying and distributing are prohibited without permission of the publisher
Email a friend
  • Please enter a maximum of 5 recipients. Use ; to separate more than one email address.

Gazprom Neft acquires Russia’s largest plant for polymeric bitumen

01.15.2014  | 

Purchase of this asset will enable the company to become a leading producer of polymeric bitumen for road construction in Russia. The capacity of the newly-acquired plant is 60,000 tons of PBB.


SAINT PETERSBURG -- Gazprom Neft has acquired 100% of the authorized capital of Syntaz Oil, which owns Ryazan Petrochemical Experimental Plant JSC. 

Purchase of this asset will enable the company to become a leading producer of polymeric bitumen (PBB) for road construction in Russia.

The Ryazan plant is the largest producer of polymer-bitumen binders (PBB) in the country. The capacity of the plant is 60,000 tpy of PBB.

The production in 2013 reached 25,000 tons. The plant owns modern equipment and infrastructure necessary for production, storage and loading of high quality bitumen materials. The plant’s own laboratory provides quality control of the products. The plant equipment allows packing in the high-tech packages and to load the trucks.

The Russian PBB market in 2013 was estimated at 170,000 tons, which makes a 3.5% increase compared to 2010. Now the largest consumer of PBB in Russia is the Central Federal District, implementing a range of major road building projects.

"The Integration of the new enterprise will allow Gazprom Neft to become a leader in the Russian polymer bitumen market and to provide our customers with high tech materials for building modern and high quality roads," said Anatoly Cherner, Gazprom Neft's deputy CEO for logistics, refining, and sales. 

"We consider the production and sales of high grade bitumen materials as one of the important potential growth area for the company. Experts estimate the market to exceed the capacity of 500 thousand tons by 2025. This is a 3 times increase compared to current production."

Have your say
  • All comments are subject to editorial review.
    All fields are compulsory.

Related articles


Sign-up for the Free Daily HP Enewsletter!

Boxscore Database

A searchable database of project activity in the global hydrocarbon processing industry


As low oil prices make naphtha cracking margins in Europe and Asia more competitive, are investments in new, ethane-based petrochemicals capacity in the US and Middle East becoming less attractive?




View previous results

Popular Searches

Please read our Term and Conditions and Privacy Policy before using the site. All material subject to strictly enforced copyright laws.
© 2015 Hydrocarbon Processing. © 2015 Gulf Publishing Company.