On December 25th of 2019, GEMONT RUSSIA has signed the contract leading to start for the construction of Ethylene and Polyethylene Plant of IRKUTSKOIL COMPANY LLC in Ust-Kut (Irkutsk, Russia). The duration of the Project is 36 months that will involve more than 3.000 employees and will be completed by the end of 2022. 

After the completion of the project, 650 thousand tons each ethylene and polyethylene will be produced per year.