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INK-Class school students visited Irkutsk Polymer Plant
April 1, 2022

INK-Class school students visited Irkutsk Polymer Plant

A tour to the construction site of Irkutsk Polymer Plant (a project of the Irkutsk Oil Company) was given to more than 25 students of INK-Class.

Irkutsk Polymer Plant has inventoried greenhouse gas emissions in 2021
March 29, 2022

Irkutsk Polymer Plant has inventoried greenhouse gas emissions in 2021

In line with the best practices for oil and gas projects, Irkutsk Polymer Plant has quantified GHG emissions for the construction stage including the activities of all construction contractors. The bulk of GHG emissions were due to energy consumption in power and heat supply to production and associated facilities, specifically, in diesel and petrol combustion at diesel power stations, in heat generators, combustion engines in passenger and utility vehicles, and consumption of electricity supplied externally via the grids of the Irkutsk Region.

Irkutsk Polymer Plant hired 422 employees in 2021
February 11, 2022

Irkutsk Polymer Plant hired 422 employees in 2021

Irkutsk Polymer Plant (a project of Irkutsk Oil Company) hired 422 new employees in 2021. The plant currently employs 592 people.

Irkutsk Polymer Plant Has Started the Active Phase of the Installation of Steel Structures and Pipelines
January 24, 2022

Irkutsk Polymer Plant Has Started the Active Phase of the Installation of Steel Structures and Pipelines

Irkutsk Polymer Plant started an active phase of installation of steel structures and pipelines to ensure the readiness of priority facilities in accordance with the project schedule.

Irkutsk Oil Company invested over 85 Billion Rubles in Irkutsk Polymer Plant as of December 31, 2021
January 14, 2022

Irkutsk Oil Company invested over 85 Billion Rubles in Irkutsk Polymer Plant as of December 31, 2021

The construction of Irkutsk Polymer Plant (IPP) as of December 31, 2021, was financed for 85 billion roubles. The total cost of the project including the construction of the housing district in Ust-Kut which is estimated at 300 billion roubles.

SberStrakhovanie, Ingosstrakh, and Rosgosstrakh Insured the Construction of Irkutsk Polymer Plant for 203.6 Billion Rubles
January 12, 2022

SberStrakhovanie, Ingosstrakh, and Rosgosstrakh Insured the Construction of Irkutsk Polymer Plant for 203.6 Billion Rubles

SberStrakhovanie, a subsidiary of Sber, together with Ingosstrakh and Rosgosstrakh have entered into an agreement to insure the construction of Irkutsk Polymer Plant.

INK has obtained a USD 871 million Buyer’s Credit from international banks  supporting purchase of equipment for Irkutsk Polymer Plant
December 30, 2021

INK has obtained a USD 871 million Buyer’s Credit from international banks supporting purchase of equipment for Irkutsk Polymer Plant

The Japan Bank for International Cooperation (JBIC) and Irkutsk Oil Company LLC (INK) have signed a buyer's credit agreement to finance the purchase of equipment for ethylene and polyethylene production of Irkutsk Polymer Plant LLC (a Project of Irkutsk Oil Company).

Irkutsk Polymer Plant Completes the First Stage of Silos Installation Work
December 15, 2021

Irkutsk Polymer Plant Completes the First Stage of Silos Installation Work

The first stage of silos installation has been completed at the construction site of Irkutsk Polymer Plant (a project of Irkutsk Oil Company) in Ust-Kut. The silos are designed as intermediate containers for holding polyethylene powder and pellets, which are used to start the polymerization reactor.

Irkutsk Oil Company to Start Installation of Equipment at the 220 kV Polymer substation in Ust-Kut in January 2022
December 3, 2021

Irkutsk Oil Company to Start Installation of Equipment at the 220 kV Polymer substation in Ust-Kut in January 2022

Irkutsk Oil Company will start installing the main equipment at the 220 kV Polymer substation as a part of construction the second stage of the power supply facility in January 2022. Start-up of the second stage of the substation will make it possible to fully provide with power the production facilities of the gas chemical cluster in Ust-Kut.

 Risk analysis project of the large scale equipment delivery for the Irkutsk Polymer Plant won an international award
October 28, 2021

Risk analysis project of the large scale equipment delivery for the Irkutsk Polymer Plant won an international award

The project on risk analysis of large-scale cargo delivery for the Irkutsk Polymer Plant won a gold award at the international contest at Facilitation Impact Awards 2021. More than 20 organizations contested for the award this year.

Sber’s delegation visited construction site of Irkutsk Polymer Plant and other facilities in Ust-Kut
October 22, 2021

Sber’s delegation visited construction site of Irkutsk Polymer Plant and other facilities in Ust-Kut

During a one-day trip on October 19th, 2021, a high-ranked delegation of Sberbank visited the construction site of the Irkutsk Polymer Plant and other facilities. Among the facilities visited was the Ust-Kut Gas Processing Plant, LPG terminal, Storage and Shipment Complex, as well as the construction site of the future residential area for employees.

Irkutsk Polymer Plant completes installation of large-capacity equipment
September 29, 2021

Irkutsk Polymer Plant completes installation of large-capacity equipment

Irkutsk Polymer Plant installed the last unit of some large-size heavy equipment — Product Purge Bin. A total of 44 units have been installed at the construction site, which were previously delivered to Ust-Kut in the fall of 2020 from a port in South Korea.

Igor Kobzev: Irkutsk Polymer Plant Will Boost the Development of Ust-Kut District
August 29, 2021

Igor Kobzev: Irkutsk Polymer Plant Will Boost the Development of Ust-Kut District

A delegation of the government of the Irkutsk Region, headed by the Governor, Mr. Igor Kobzev, visited the construction site of the Irkutsk Polymer Plant in Ust-Kut. The group included Mr. Yakov Ginzburg, General Director of Irkutsk Oil Company, Russian Senator Mr. Andrey Chernyshev, State Duma deputy Mr. Alexander Yakubovsky, and representatives of regional authorities.

A heavy Purge Bin is installed at the Irkutsk Polymer Plant
August 26, 2021

A heavy Purge Bin is installed at the Irkutsk Polymer Plant

Irkutsk Polymer Plant installed the last unit of large-size heavy equipment — Product Purge Bin — in September 2021. The weight of the unit is about 500 tons.

OOO Irkutsk Oil Company approved the architectural concept of a new microdistrict in Ust-Kut
August 5, 2021

OOO Irkutsk Oil Company approved the architectural concept of a new microdistrict in Ust-Kut

OOO Irkutsk Oil Company approved the concept of a new microdistrict developed by architects from Irkutsk and St. Petersburg. The construction of a residential area with a developed infrastructure will provide comfortable living conditions for employees of the Irkutsk Polymer Plant.

Polymerisation reactor is installed at Irkutsk Polymer Plant
August 3, 2021

Polymerisation reactor is installed at Irkutsk Polymer Plant

The heaviest piece of equipment - polymerisation reactor is installed at Irkutsk Polymer Plant. The unit weighs 538 tons, is 44.5 metres high and is 9.6 metres in diameter.

Irkutsk Oil Company released 400 thousand young grayling into the River Lena
July 12, 2021

Irkutsk Oil Company released 400 thousand young grayling into the River Lena

As part of the annual fish breeding initiative, the Irkutsk Oil Company released approx. 400 thousand young grayling into the River Lena (Ust-Kut, Irkutsk Region).

Irkutsk Polymer Plant Has Started the Installation of Large-size Equipment
June 15, 2021

Irkutsk Polymer Plant Has Started the Installation of Large-size Equipment

OOO Irkutsk Polymer Plant (IPP, a project of OOO Irkutsk Oil Company) completed the installation of the first of 45 units of heavy large-sized equipment — a 54.6 m high and 271.5-ton quench water column for the integrated pyrolysis plant.

Federal Air Transport Agency head Aleksandr Neradko: “The scale of construction of the Irkutsk Polymer Plant is impressive”
April 1, 2021

Federal Air Transport Agency head Aleksandr Neradko: “The scale of construction of the Irkutsk Polymer Plant is impressive”

The head of the Federal Air Transport Agency, Aleksandr Neradko, and Nikolai Buinov, founder and Chairman of the Board of Directors of OOO “Irkutsk Oil Company”, toured the construction site of the Irkutsk Polymer Plant in Ust-Kut. The head of the federal agency assessed the scale of construction and the company's contribution to the development of the region.

French company SUEZ to supply wastewater treatment equipment for Irkutsk Polymer Plant
March 9, 2021

French company SUEZ to supply wastewater treatment equipment for Irkutsk Polymer Plant

French company SUEZ has signed a contract to supply wastewater treatment equipment for the Irkutsk Polymer Plant. OOO “Irkutsk Oil Company”, one of Russia’s largest independent hydrocarbon producers, is building a state-of-the-art plant in Eastern Siberia.

OOO “Irkutsk Oil Company” Completed Unloading of Equipment for a Polymer Plant
September 21, 2020

OOO “Irkutsk Oil Company” Completed Unloading of Equipment for a Polymer Plant

OOO “Irkutsk Oil Company” completed a large-scale operation to deliver the process equipment from the South Korea to the construction site of Irkutsk Polymer Plant in Ust-Kut.

OOO “Irkutsk Oil Company” Built a Berth to Accept the Polymer Plant Equipment
August 21, 2020

OOO “Irkutsk Oil Company” Built a Berth to Accept the Polymer Plant Equipment

OOO “Irkutsk Oil Company” built a special berth on the River of Lena to accept the equipment of Irkutsk Polymer Plant (IPP) in Ust-Kut.