Russia's Sibur starts construction of Kstovo PVC plant

12 July 2010 14:24  [Source: ICIS news]

MOSCOW (ICIS news)--Russian petrochemical holding company Sibur on Monday launched a project to build a new polyvinyl chloride (PVC) plant in the Nizhny Novgorod region of the country.

A ceremony was held in Kstovo to mark the beginning of construction of the 330,000 tonne/year plant, Sibur said in a statement. The plant's capacity could eventually be raised to 500,000 tonnes/year, the company said.

The €750m ($949m) facility is being built at the site of Sibur’s Kstovo Petrochemical Plant.

In June 2007, Sibur formed a joint venture, RusVinyl LLC, to build the Kstovo PVC plant. RusVinyl is owned on parity basis by Sibur and SolVin, of which Solvay owns 75% and BASF 25%.

The new PVC plant was previously expected on stream in 2010, but now Sibur aims to complete the project in 2012.

($1 = €0.79)

For more on PVC visit ICIS chemical intelligence
To discuss issues facing the chemical industry go to ICIS connect


By: Sergei Blagov
+44 20 8652 3214



AddThis Social Bookmark Button

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.

Printer Friendly

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