24 November 2008 10:25 [Source: ICIS news]
MOSCOW (ICIS news)--Russia's major petrochemical holding Sibur has launched a new online polymer trading platform to improve efficiency and cut costs, the company said on Monday.
Despite the ongoing financial crisis and plummeting domestic polymer prices, Sibur has started sales of low density polyethylene (LDPE) and polypropylene (PP) via its corporate electronic trading platform, the company said in a statement.
Sibur controls ?xml:namespace>
Although some of
However, in September the management team of Sibur and Gazprombank, the banking subsidiary of the gas giant Gazprom, suspended their preliminary $5.4bn MBO agreement, citing adverse market conditions.
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections