Russia's Sibur begins construction of TPE plant

15 July 2011 15:40  [Source: ICIS news]

MOSCOW (ICIS)--Russian petrochemical holding firm Sibur has started construction of a butadiene-styrene thermoplastic elastomers (TPE) facility at a site belonging to its subsidiary, Voronezhsintezkauchuk (Voronezh Rubber Co).

The new TPE unit is expected to have a capacity of 50,000 tonnes/year, Sibur said in a statement on Friday. Construction of the facility is estimated to cost rouble (Rb) 3.8bn (€96m) and is aiming be complete by the end of 2012, it said.

Construction was previously expected to start in February 2011 and be completed by September 2012, at an estimated cost of Rb2.7bn.

Voronezhsintezkauchuk, based in Voronezh, central Russia, is currently the country's only TPE producer, with an existing capacity of 35,000 tonnes/year.

The company exports nearly half of its output, including synthetic bivinyl rubber and styrene rubber.

By: Stefan Baumgarten
+1 713 525 2653

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