Moody’s has assigned a Baa3 long-term issuer rating to SIBUR, with a stable outlook. It is in line with the agency’s country ceiling and exceeds Ba1, Russia’s current sovereign rating.
SIBUR has launched a terephthalic acid production upgrade at the POLIEF Blagoveshchensk site to expand its annual capacity to 350,000 tonnes. The project seeks to improve the site’s production efficiency and environmental safety.
PAO SIBUR Holding, an integrated gas processing and petrochemicals company and a leader in the Russian petrochemicals industry, today publishes limited operational update for the nine months ended 30 September 2017.