SIBUR has diversified its export supplies of polypropylene and polyethylene to China by leveraging Russia’s rail transportation infrastructure. Until 2020, the Company mainly relied on sea transportation to ship its products to the region. Today, thanks to China’s One Belt, One Road initiative, products from our Tobolsk and Tomsk sites are also supplied to Chongqing and Chengdu by rail.
SIBUR Holding, Russia’s largest integrated petrochemicals company, announces it has raised USD 500 m following the offering of 5-year Eurobonds on the Irish Stock Exchange. The coupon rate is 2.95%, which is a record low for Russian corporate issuers. The coupon will be paid twice a year. The Eurobond proceeds will be used to optimise the Company’s loan portfolio and for general corporate purposes.
Dioctyl terephthalate (DOTP) made at SIBUR-Khimprom in Perm has been certified under the European Pharmacopoeia standards for the medical and pharmacological industries.