Ust-Kut petrochemical complex: The development of a new petrochemical complex near the city of Ust-Kut will give a significant boost to the local economy, Irkutsk Region’s Governor Sergei Eroschenko said this week. The complex, which is set to cost approximately RUB120bn, will have an annual polyethylene and propane production capacity of 500,000 tons and will create 500 jobs. Siberian News Agency