London +4420 814 42225
Moscow +7495 543 9194
Kiev +38044 599 2950

Our Clients

Order Informer

Home > News >

Sibur may hold an initial public offering in H2-2012

April 20/2011

(Plastemart) -- Sibur, Russia's largest petrochemical group, may hold an initial public offering (IPO) in H2-2012. The company "is currently considering options for an IPO," as per Ilya Rogol, project manager at Sibur Holding. "It is the company's size that matters when you decide on floating the stock. There is no sense to go public with small sales volumes. In December 2010, Leonid Mikhelson, head of Russia's largest independent gas producer Novatek, had planned the company's IPO, but it must be preceded by the large-scale reorganization of the company's business. Mikhelson increased his stake in Sibur Holding to 50% in March 2011.

Category:General News
| More

Leave a comment

MRC help


 All News   News subscribe