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SIBUR to expand range of exports to China

May 26/2011

(Sibur) -- At the largest petrochemical exhibition in Asia Chinaplas (Guangzhou, China) - SIBUR provided an assessment of the prospects for Russian-Chinese cooperation in the petrochemical sector. The respective press conference involved SIBUR Vice-President of planning, logistics and sales support Oleg Makarov, Vice-President and Head of the Plastics and Organic Synthesis Division Sergei Merzlyakov, representatives of the Russian Consulate in Guangzhou, as well as the leading Chinese media.

In 2010, China accounts for more than 14% of SIBURs total sales, amounting to EUR 312 mln (with that figure being over EUR 934 mln for the Asian region on the whole).

The Company sells a diversified line of products on the Chinese market, primarily polyethylene, nitrile rubber and butyl rubber.

The partnership with SIBUR offers Chinese consumers a number of advantages, noted Sergey Merzlyakov. This ensures a stable supply owing to our own resource base, European quality at an affordable price thanks to large-scale production in Siberia, the positive experience of long-term relations, and the unique properties of polymers with a wide brand assortment.

Tags:PE, Sibur Holding.
Category:General News
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