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(SIBUR) -- SIBUR has bought JSC Acrylate -
the only CIS-based producer of acrylic acid and its esters - from ATEK Group.
JSC Acrylate’s production site is located in the eastern industrial area of
Dzerzhinsk, Nizhny Novgorod region, and is just 2km from SIBUR’s facility, which
provides JSC Acrylate with its basic raw material – propylene.
The production capacity of JSC Acrylate’s plant is 25 KTa of ester
grade acrylic acid, 36 KTa of heavy esters (butyl acrylate) and 10 KTa of
light esters (methyl and ethyl acrylate).
“The acquisition of JSC Acrylate will help acceleratedevelopment of the
market for acrylic derivatives in Russia and the CIS. We, together with our
partners, are considering the possibility of increasing the output capacity and
expanding the processing of products by JSC Acrylate, said Valery Andosov, Head
of the Project Office for Specialty Chemicals and Polymers at SIBUR.
mrcplast.com
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