SIBUR: A leader in petrochemistry

Author: 
ARAB NEWS
Publication Date: 
Sat, 2010-06-12 06:36

The company operates across the entire petrochemical process chain from gas processing to the production of monomers and plastics, mineral fertilizers, tires and industrial rubber items, as well as the processing of plastics.
SIBUR is a vertical integrated company where gas-processing facilities provide petrochemical plants with proper raw materials.
SIBUR produces over 2,000 different brands of products. The company processes more than half of APG and produces 23 percent of propylene, 23 percent of polypropylene, 17 percent of polyethylene, from 30 to 49 percent of different rubbers, 34 percent of tires, 16 percent of nitrogen fertilizers, and considerable part of other petrochemical products in Russian market.
SIBUR incorporates plants in 20 regions of Russia. The company is managed along product-division lines. SIBUR includes three divisions hydrocarbon feedstock, synthetic rubbers, plastics and organic synthesis products, and two subsidiaries SIBUR-Mineral Fertilizers and SIBUR-Russian Tyres.
SIBUR Holding JSC shareholders are Gazprombank JSC structures. SIBUR Holding JSC is managed by SIBUR LLC that acts as the holding company’s sole executive body.
Over recent years, the company has consistently delivered healthy financial and operational results. In 2009, SIBUR Group plants processed 16.8 billion cu m of APG and produced 15 million tons of petrochemicals and 14.8 billion cu m of LPG. SIBUR strategy involves strengthening of its dominant position in the Russian market and creation of framework for significant growth of export potential.
Achieving these objectives requires capital investment to create new production facilities, upgrade existing facilities, and to ensure stable and efficient supplies of feedstock to SIBUR’s petrochemicals plants.
Among key SIBUR investment projects are construction of polypropylene production complex with 500 kta capacity in Tobolsk (Tyumen Region), construction of the PVC production complex with 330 kta capacity in the Nizhniy Novgorod region and significant expansion of gas-processing facilities.
Investment projects implementation will increase efficiency of SIBUR business and will enable import substitution in domestic market and entry into new export areas.
Depending on the type of investment project, it is funded either on commercial loan and project funding terms, or by the company’s own resources. When implementing investment projects SIBUR seeks a foundation of mutually profitable partnerships.

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