30 October 2012 13:42 [Source: ICIS news]
MOSCOW (ICIS)--Russia-based petrochemical major Sibur on Tuesday announced that its subsidiary SIBUR-Khimprom has started operation of a second expandable polystyrene (EPS) production line in Perm, in the Urals.
The second EPS unit has a capacity of 50,000 tonnes/year. The launch of the facility will double SIBUR-Khimprom's EPS capacity to 100,000 tonnes/year.
In November 2010, SIBUR-Khimprom started operation of its first 50,000 tonnes/year EPS unit. The construction of the second EPS unit started in February 2011.
The modernisation of SIBUR-Khimprom's existing styrene production facility included raising styrene capacity to 135,000 tonnes/year, the launch of a 220,000 tonne/year ethylbenzene unit and the decommissioning of SIBUR-Khimprom's older production facilities.
Sibur’s total investment in all the above projects totals roubles (Rb) 8.6bn (€212m), the company said.
“SIBUR continues efforts aimed at full upgrade and capacity expansion across its production chain, from processing of associated petroleum gas to production of polymers," said Dmitry Konov, CEO of Sibur.
(€1 = Rb40.64)
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