SIBUR has signed an agreement with Conser, an Italian engineering company, to acquire a licence for maleic anhydride (MAN) production technology for its Tobolsk facility

PAO SIBUR Holding, an integrated gas processing and petrochemicals company, today published its operational and financial results for the six months ended 30 June 2016 in accordance with International Financial Reporting Standards (IFRS).

Certain changes have been introduced to BIAXPLEN’s management team with a view to improving the Company’s operations and boosting management efficiency.

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.