Russia's Sibur, Biaxplen plan new 35,000 tonne-year BOPP project

17 May 2010 12:14  [Source: ICIS news]

MOSCOW (ICIS news)--Russian petrochemical holding Sibur plans to build a new bi-axially oriented polypropylene (BOPP) unit together with partner Biaxplen, it said on Monday.

The 35,000 tonne/year facility would be built this year at the site of Sibur's subsidiary Tomskneftekhim, near the existing 100,000 tonne/year polypropylene (PP) facility in Tomsk, western Siberia, according to Sibur.

Biaxplen would rely on the new facility to export BOPP to Kazakhstan, Turkmenistan and other Central Asian markets, the statement said.

In December 2009, Sibur acquired a 50% interest in Biaxplen and was reported to be negotiating for the remaining 50% stake.

Biaxplen currently has BOPP facilities in the Moscow, Kursk, and Nizhny Novgorod regions, central Russia, with a total capacity of 87,000 tonnes/year.

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By: Sergei Blagov
+44 20 8652 3214



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