The event was attended byPlenipotentiary representativeof RF President inVolga Federaldistrict Mikhail Babich, the Governor of Nizhny Novgorod region Valery Shantsev, President of the oil company"LUKOIL" Vagit Alekperov. The construction ofthe KKK-2beganimmediately after the launch in2010 of the first catalytic cracking Complex, which allowedLLC "LUKOIL-Nizhegorodnefteorgsintez"to move to productionof gasolineEURO-5. Commissioningof the second Complexwill increase productionof gasolineof the 5thenvironmental class1mln100thousand tons(at present, the plant annually producesabout 3million tons) and propylene – raw materialfor the petrochemical industry, almostin2 times, reaching300thousandtons per year. The investment costs of the projectamounted to$1 billion. Thus,LUKOILhas fulfilledits obligations under the4-party Agreementbetween the oil companies, FAS Russia, Rostechnadzorand Rosstandart. For the construction ofcatalytic crackingof vacuum gasoil-2specialists were engaged ina number of Russian companies. The designwas carried out byLLC "LUKOIL-nizhegorodniinefteproekt" (NizhnyNovgorod), JSC "neftehimproekt" (St.Petersburg)and JSC "Giprogazoochistka" (Moscow), and theinstallation workwas carried outOJSC "Globalstroy-engineering" (Moscow), OJSC"MoscowspecializedAssembly Department" and JSC"Koksokhimmontazh" (Moscow).