08 September 2010 09:05 [Source: ICIS news]
Sibur acquired a 50% stake in NPP Neftekhimiya, which is an associated company of Moscow Oil Refinery that operates a 100,000 tonne/year PP facility at Kapotnya, near ?xml:namespace>
Sibur did not disclose any financial details about the acquisition.
Sibur and Moscow Oil Refinery will consider increasing the PP plant’s capacity up to 150,000 tonnes/year, the statement said.
“Due to [this] new partnership, Sibur is becoming the largest polypropylene manufacturer in [
Following the completion of a new PP complex at Tobolsk and the increase of NPP Neftekhimiya’s PP capacity,
Konov was referring to the 500,000 tonne/year PP facility that is being built at the premises of Sibur subsidiary Tobolsk-Neftekhim, which is expected to come on stream in 2012.
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