A socially oriented non-financial development institution and a major organizer of international conventions, congress, exhibitions, business, social and sporting, public, and cultural events.

The Roscongress Foundation is a socially oriented non-financial development institution and a major organizer of international conventions; exhibitions; and business, public, sporting, and cultural events. It was established in pursuance of a decision by the President of the Russian Federation.

The Foundation was established in 2007 with the aim of facilitating the development of Russia’s economic potential, promoting its national interests, and strengthening the country’s image. One of the roles of the Foundation is to comprehensively evaluate, analyse, and cover issues on the Russian and global economic agendas. It also offers administrative services, provides promotional support for business projects and attracting investment, and helps foster social entrepreneurship and charitable initiatives.

Each year, the Foundation’s events draw participants from 208 countries and territories, with more than 15,000 media representatives working on-site at Roscongress’ various venues. The Foundation benefits from analytical and professional expertise provided by 5000 people working in Russia and abroad. In addition, it works in close cooperation with 133 economic partners; industrialists’ and entrepreneurs’ unions; and financial, trade, and business associations from 70 countries worldwide.

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The Global Gas and Petrochemical Markets: Opportunities for Russia
4 October 2017

The global gas and petrochemistry industry is growing at a rate consistently above world GDP. The sector is generating a stream of innovation which is transforming the outlook of the entire economy, increasing demand for the output of related industries, and creating new jobs and opportunities for processing companies. In Russia, the intensive development of petrochemistry has offered a response to the issue of import substitution and helped to launch new kinds of products on international markets. Furthermore, major industry projects have provided a platform for economic development in various regions of the country, including Eastern Siberia and the Russian Far East. At the same time, the global gas and petrochemicals sector is facing new challenges. The surplus in global capacity at a time of slowing economic growth and tougher environmental requirements is causing the markets for petrochemical products to remain volatile, with access to new markets limited by creeping protectionism. What trends will determine the development of the gas and petrochemicals sector over the next 30 years? How can Russian gas and petrochemicals companies ensure that their products remain competitive in key markets? What reserves do Russian manufacturers have for cutting costs: geographically diversifying sales, digitization, R&D, developing new advanced materials, other measures?

Russian Energy Week
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