Emerson, LUKOIL Sign Multi-Year Agreement to Modernize Automation at Refining and Petrochemical Facilities

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Emerson Process Management, a global business of Emerson, and LUKOIL Group, one of the world’s largest private oil companies, have signed an agreement to modernize 13 refining and petrochemical facilities in Russia and Eastern Europe.

Under the agreement, which extends through 2014, Emerson will provide equipment, software, and services as part of LUKOIL’s enterprise-wide strategy to modernize process automation at their oil and gas refineries, petrochemical plants, and related facilities. LUKOIL operations to be upgraded include Stavrolen and Saratovorgsintez in Russia, Neftochim Bourgas in Bulgaria, ZAO Lukor in Ukraine, and Vars in Latvia, as well as additional facilities in Romania; in Ukraine’s Odessa; and in Russia’s Perm, the Volgograd region, and the Komi Republic.

“Modernizing these facilities using Emerson’s advanced technologies and services will enable us to improve product quality and reduce environmental impact right away – and gain a significant advantage over our competitors in the future,” said a LUKOIL representative. “The upgraded automation is also expected to help LUKOIL improve process performance, increase production of high-quality diesel fuel, and balance refining output with oil production.”

LUKOIL chose Emerson because of the two companies’ successful experience in cooperating on previous projects, as well as Emerson’s technologies and full scope of design, training, installation supervision, start-up, and commissioning services.

“Our proven ability to implement comprehensive-but-easy-to-use automation solutions will enable us to help LUKOIL realize its strategic objectives,” said Steven A. Sonnenberg, president of Emerson Process Management. “We have enjoyed a strong relationship with LUKOIL for several years and look forward to helping them further improve the performance of these facilities.”

-Emerson

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