RusHydro has signed an agreement with Sibur Holding to supply hydroelectricity produced by the Nizhne-Bureyskaya hydropower project to Amur Gas Chemical Complex, which is currently under construction.
Amur Gas Chemical Complex is the largest facility in Russia for production of polyethylene and polypropylene currently under construction by SIBUR and Sinopec. Its annual output stands at 2.3 mn tons of polyethylene and 400 thousand tons of polypropylene.
The agreement guarantees electricity supply to the complex in the Far East Federal District for 20 years and is mutually beneficial to both parties as RusHydro now has additional stable demand for electricity while Sibur does not have to construct its own power generation facility.
“Reduction of adverse effect on climate from production is one of our strategic priorities,” commented Dmitry Konov, Chairman of the Management Board of SIBUR Holding. “The Amur region has an enormous potential of renewable energy sources, which not only satisfies the environmental requirements of our project but also reduces the carbon footprint of our manufactured goods. We will strive for our production to become one of the most environmentally friendly in the country.”
