Sibur to raise gas processing capacities, restructure subsidiary

23 August 2010 15:45  [Source: ICIS news]

MOSCOW (ICIS)--Sibur plans to build new gas processing capacities and restructure its Sibur-Neftekhim subsidiary, the Russian petrochemical holding company said on Monday.

Sibur plans to build a new 2.8m tonne/year gas processing facility that will be operated by its Tobolsk-Neftekhim subsidiary at Tobolsk, Russia, according a company statement.

Sibur will also increase the capacity of Tobolsk-Neftekhim’s existing 3m tonne/year gas processing unit to 3.8m tonnes/year, it said.

Tobolsk-Neftekhim’s total gas processing capacity would be 6.6m tonnes/year, the statement said.

The new gas processing capacities would supply a new 500,000 tonne/year polypropylene (PP) facility to be built at the premises of Tobolsk-Neftekhim by 2012.

Sibur also said on Monday that it would restructure its Sibur-Neftekhim subsidiary.

Based in Dzerzhinsk, in the Nizhny-Novgorod region of central Russia, Sibur-Neftekhim would remain in control of the caprolactam, ethylene oxide and glycols businesses at Dzerzhinsk, the statement said.

But the Kstovo Petrochemical Plant, located at Kstovo, would be controlled by a new entity, Sibur-Kstovo, it said.

The restructure will give the businesses greater operational autonomy, Sibur said.  

On 12 July, Sibur started construction of a new €750m ($949m) polyvinyl chloride (PVC) plant at Kstovo, which will have a capacity of 330,000 tonnes/year and is due to come on line by 2012.

($1 = €0.79)

For more on polypropylene visit ICIS chemical intelligence
Please visit the complete ICIS plants and projects database
To discuss issues facing the chemical industry visit
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

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