On 26 July 2016, SIBUR Holding successfully closed the bookbuild for its Series 11 bonds in the amount of RUB 10 bn. With a coupon period of 182 days, the bonds have a tenor of 10 years and a put option in 3 years. The par value of the bonds is RUB 1,000 each. The offering price is 100% of the par value.
In the South Korean port of Ulsan, the first delivery of heavylift and oversized equipment has been made for ethylene cracker unit to be installed at the ZapSibNeftekhim polyolefin production facility, which is currently under construction.
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 three months ended 31 March 2016.
Marat Avetisov has been appointed CEO of SIBUR International GmbH.
SIBUR International wishes to warn the customers against payment transactions to ineligible persons issuing modified invoices for payment of goods via e-mail on behalf of SIBUR International.
China Petrochemical Corporation (“Sinopec Group”), a major global energy and chemicals company, and SIBUR, a leading Russian gas processing and petrochemicals company, have entered into a framework investment agreement during a state visit by Russia’s President Vladimir Putin to China whereby Sinopec Group is to acquire a stake in SIBUR.
Gazprom Neft and SIBUR have commissioned the newly built Yuzhno-Priobskiy Gas Processing Plant (Yuzhno-Priobskiy GPP). The facility was launched in the Khanty-Mansi Autonomous Area on 3 September, with Chairman of the Russian Government Dmitry Medvedev joining via a live teleconference.
SIBUR, Russian integrated gas processing and petrochemical company, and BASF, German chemical company, have extended their long-term agreement on supply of additives used for polymer manufacturing at SIBUR production facilities.
Gazprom Pererabotka Blagoveshchensk (part of Gazprom Group) and NIPIGAZ (part of SIBUR Group) agreed to form a partnership on design, procurement and construction management for the Amur Gas Processing Plant (GPP) near the town of Svobodny in the Amur Region.
The Investment Committee of SIBUR has approved the expansion of a facility processing raw natural gas liquids (raw NGL) at the Tobolsk production site that is expected to increase the site's capacity from 6.6 mtpa to 8 mtpa.