PAO SIBUR Holding, an integrated gas processing and petrochemicals company, today published its operational and financial results for the full year 2016 in accordance with International Financial Reporting Standards (IFRS).
After obtaining all relevant regulatory approvals the shareholders of SIBUR, the largest gas processing and petrochemicals group in Russia, and the Silk Road Fund (SRF), a Chinese investment fund closed the deal on acquisition of 10% equity stake in SIBUR by SRF.
Mumbai, 17 January 2017. Reliance Sibur Elastomers Private Limited (RSEPL), a joint venture between SIBUR and Reliance Industries Limited (RIL), announced plans for setting up South Asia’s first halogenated butyl rubber unit at RIL’s integrated petrochemical site in Jamnagar, India. Currently, the design phase is underway.