JBIC to finance Russian petrochemical project

In:

Chemicals/Petrochemicals, Oil & gas

Region:

Europe

The Japan Bank for International Cooperation will finance Russian firm Irkutsk Oil (INK) to construct ethylene and polyethylene production facilities at Ust-Kut of Irkutsk in east Siberia.JBIC signed a buyer's credit agreement amounting up to about $522 million with INK. The loan is co-financed...

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