Sibur gets Rouble542m loan for styrene expansion in Perm
09 September 2004 14:52 [Source: ICIS news]
MOSCOW (CNI)--Russian petrochemical company Sibur has secured a Rouble542m ($18.6m/Euro15.4m) three-year loan for subsidiary Sibur-Khimprom’s styrene expansion in
Sibur spokeswoman Natalia Kovalkova told CNI on Thursday the loan, from Evrofinance bank, will enable output to be almost doubled to 100 000 tonne/year.
She declined to elaborate on whether a new production line will be built but said the expansion will be completed by 2006.
Sibur-Khimprom produced 51 700 tonne of styrene in 2003, 12% of
By: Sergei Blagov
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