PODCAST: SIBUR, TAIF merger would create global leader, rejuvenate Russia petrochemicals

Author: Will Beacham


BARCELONA (ICIS)--The merger of Russia’s SIBUR and TAIF would create a top 10 global player in ethylene, rubber and plastics, and could help inject new life into the country’s petrochemical sector.

  • merger of SIBUR and TAIF would create a global top 10 player in ethylene, rubber and plastics;
  • merger could help rejuvenate Russia’s petrochemical sector;
  • China’s economy lost momentum between Q4 2020 and Q1 2021;
  • China styrene, polypropylene (PP), polyethylene (PE) demand fell in Q1 2021;
  • container crisis, semiconductor shortage could stifle China exports;
  • Joe Biden’s earth summit brings tipping point for chemical industry;
  • fast adoption of recycling, circular economy now required; and
  • chemical recycling and local recycling, production networks.

Click here to listen to the podcast

Editor’s note: This podcast is an opinion piece. The views expressed are those of the presenter and interviewees, and do not necessarily represent those of ICIS.

Register here for the Third ICIS Recycling and Sustainability Conference, which takes place 27-29 April. 

Read the latest issue of ICIS Chemical Business.

Read Paul Hodges and John Richardson's ICIS blogs.

Interview by Will Beacham