04 August 2009 08:54 [Source: ICIS news]
MOSCOW (ICIS news)--Russia's state-run Vnesheconombank (VEB) has granted a $1bn (€690m) loan to Sibur for the building of a 500,000 tonne/year polypropylene (PP) unit in Tobolsk, Tobolsk-Neftekhim CEO Nikolai Kuleshov said in a statement released on Tuesday.
The unit would be built at the premises of Sibur subsidiary Tobolsk-Neftekhim in the ?xml:namespace>
Tobolsk-Neftekhim produces about 200,000 tonnes/year of butadiene, roughly a half of
($1 = €0.69)
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