The Company plans to boost investments in R&D projects focusing on polymer waste recycling and cut its greenhouse gas emissions.

On the margins of the meeting at SIBUR’s PolyLab R&D Centre, SIBUR and BASF signed a Memorandum of Understanding (MOU) formalising their partnership on the sustainable development and circular economy agenda further to the companies’ environmental talks held back in June this year.

Darya Borisova has been appointed as a new member of the Management Board and Managing Director of SIBUR. She will head the Joint Department of Development and R&D established in order to better align SIBUR’s innovation and development projects with the needs of customers.