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.
The Company decided to establish a Sustainable Development Committee of the Board of Directors.
NIOST, SIBUR's R&D centre, has developed new low-density polyethylene (LDPE) grades that can be used in packaging for infusion solutions.
SIBUR is ramping up trial production of thermoplastic elastomers (SBS polymers) at its Voronezh site in accordance with the project schedule. Thermoplastic elastomers (TPE) are a unique material, which can significantly improve the quality of output in road construction, roof coating and footwear production, and other industries.
A new issue of SIBUR for Clients is now available on the Company's website. The main topic is the situation in the petrochemical market during the COVID-19 pandemic.
SIBUR’s Sustainability Committee held a regular meeting online to review measures implemented by the Company in dealing with the COVID-19 outbreak and approve further steps in key focus areas. The safety of our employees and clients is at the centre of the Company’s pandemic response.
SIBUR will supply epidemiological kits for medical personnel to various regions of Russia to satisfy the needs of healthcare institutions. This decision was taken by SIBUR's Committee for Ecology, Sustainable Development and Social Investments.
SIBUR, Russia’s largest integrated petrochemicals company, and Netkanika, a major manufacturer of high-quality nonwoven materials, agreed to expand cooperation to provide the healthcare industry with high quality single-use personal protective equipment.
The Company plans to boost investments in R&D projects focusing on polymer waste recycling and cut its greenhouse gas emissions.