SIBUR has started the preparatory stage of an investment project to ramp up the production of methyl tertiary butyl ether (MTBE), a high-octane petrol additive, at its production site in Togliatti.
SIBUR will present its polymer products at the largest exhibition of petrochemical products in Asia - ChinaPlas (Guangzhou, China).
The Annual Meeting approved SIBUR Holding's 2014 Annual Report and annual financial statements. The shareholders also elected the new Board of Directors.
SIBUR has approved a new logo design as part of its rebranding campaign.
For SIBUR, this is the first logo change in its 20-year history. Previously, the Company had two logo design versions, using either the name SIBUR or a stylised Latin S and a tree leaf located in a triangular with the name SIBUR in the same font. The new logo will only contain the name SIBUR in an updated font style.
This year, SIBUR has added new advanced polypropylene (PP) grades to its product mix. The grades are included into the production plans of the Company's facilities and are already available to customers.
From 19 to 23 May, BIAXPLEN (part of SIBUR), a leading Russian BOPP film producer, will be taking part in Ipack-Ima 2015, a global exhibition to be held at Fiera Milano Exhibition Center in Milan, Italy.
SIBUR has appointed Alexey Kozlov, former Head of the Department of Social Development of the Government of the Russian Federation, to the Management Board of SIBUR as Managing Director for Business Administration. In this role he will oversee SIBUR's Legal Support, Government Relations, Corporate Communications, Administrative Support and Business Support Centre.
The first foundations have been laid at ZapSibNeftekhim, a facility for deep hydrocarbon to polyolefin processing in the Tyumen Region -SIBUR's biggest ever investment project.
At the extraordinary meeting on 26 December, the shareholders of PJSC SIBUR Holding elected new members to the Board of Directors.
SIBUR and Sberbank CIB have signed a five-year non-revolving credit facility agreement for RUB 42 bn. The funds are to be used for general corporate purposes.